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May 19, 2017 - Brewbound: Castanea Partners Purchases Majority Stake in The Bruery
BREWBOUND (Chris Funari)
Popular southern California craft brewery The Bruery, which specializes in creating experimental sour and barrel-aged beer offerings, has sold a majority stake to Boston-area private equity firm Castanea Partners, Brewbound has learned.

In a conversation with Brewbound, The Bruery founder Patrick Rue, who launched the business in 2008 with his dad, Mike Rue, said the pair would retain a “substantial amount of equity.”

Patrick Rue will also continue to serve as the company’s CEO. “We chose to make Castanea a part of Famille Rue because of their talents and their appreciation and understanding of our vision, and because they want to contribute to our continuous improvement,” Rue wrote in a blog post on his company’s website. Read More...