Have you seen the latest spirit acquisition done by Diageo? They are buying George Clooney’s Casamigos tequila, valued at an impressive $1 billion. Did you also know there have been many other deals recently? Here are some of them:
The Beach Whiskey Company, a national spirits company, took on American Harvest Vodka, which is an American-made organic vodka.
Constellation Brands Inc. has acquired craft whiskey maker, High West Distillery, for $160 million.
Pernod Ricard purchased a majority stake in West Virginia craft whiskey distillery, Smooth Ambler. (undisclosed sum)
Pernod Ricard also took a majority stake in the number one mezcal brand in the US, Del Maguey Single Village Mezcal. (undisclosed sum)
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 369 startups
Wefunder Advisors LLC
for 109 startups
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 640,479 investors who funded 456 startups with over $165.5 million1
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