Friday, August 18, 2017

The Perks of Private Equity?

The Bruery announced that is is opening its first East Coast outpost across the street from Washington D.C.'s Union Market.  The Bruery will share the 5,000 square foot space with a "notable" partner that has not been named.  The Bruery plans to open the store in approximately three months and plans to hire five employees.  This expansion sounds modest, as it's just a retail store not brewing operations, and The Bruery is sharing the space with another partner.  It is a conservative first move by The Bruery's new private equity majority owners.

No comments: