Bregal Sagemount has made a growth equity investment in Keg Logistics to support the company’s continued expansion. Keg Logistics has experienced accelerating annual growth for several years and will be using the invested capital to scale its services and expand its market reach.
Keg Logistics is a provider of keg leases to craft breweries and wineries. According to Bregal Sagemount the craft brewing market is expected to double over the next five years with a concurrent increase in the need for kegs. The company is led by its CEO and founder Chris Sapyta and is headquartered in Denver (www.keglogistics.com).
“Keg Logistics is the only keg financing business focused on making the brewer successful,” said Gene Yoon, Managing Partner at Bregal Sagemount. “We have the top management team offering a transformative product to the rapidly growing craft brew market. We intend to invest heavily to enable Keg Logistics to disrupt the market and help craft breweries and wineries around the world thrive.”
“When I launched the keg finance and management space 19 years ago, the craft brewery segment was still in its infancy,” said Mr. Sapyta. “Today the sector has expanded to the point where geographic density makes our “rent to own” model the best long term solution for brewers and wineries of all sizes. Kegs last over 30 years, it just doesn’t make sense for someone to pay “per-fill fees” or rent forever.”
Bregal Sagemount makes control and non-control investments of $15 million to $150 million in companies active in the following sectors: software, digital infrastructure, healthcare IT and services, business and consumer services, financial technology and specialty finance. The firm makes both equity and junior debt investments and has $650 million in committed capital. Bregal Sagemount is based in New York (www.sagemount.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 11-17-15
