Crowdfunding Investors Hope To See Green Light

Exit opportunity: are you about to sell your shares for a handsome profit?

Crowdfunders who bought Innis and Gunn shares on Crowdcube could be in for a windfall, as company founders weigh up an offer from a US private equity firm looking to buy more than a quarter of the Edinburgh-based craft brewery.

According to a report in The Scotsman, Connecticut-based L Catterton has made an offer that values the company at around £52 million, and the brewery "said it was recommending that shareholders accept the offer."

L Catterton likes to call itself 'the world's leading consumer growth investor' and is proud of its association with LVMH, the global luxury goods brand, including Bernard Arnault himself.    

The valuation is a small premium to the price (£49 million) at which the crowd bought last autumn, but the new owners will be able to position Innis and Gunn in an impressive portfolio of quality brands.

Founder and largest shareholder Dougal Sharp told Business Insider:

“The craft beer category is booming globally, and this is a hugely exciting opportunity at the right time for us to build strongly on the solid foundations that have been laid to double our 2015 turnover by 2018.

“Innovation and quality have been at the heart of Innis & Gunn’s success since day one, and this continues to drive us forward.

“Aside from providing additional capital to accelerate our growth plans, we believe L Catterton will strengthen our business with unparalleled expertise in brand building and a deep understanding of global consumer markets, sharing our vision and supporting our continued expansion and growth.”