Announced
Financials
Tags
Pending
Private Equity
Acquisition
Private
Distillers and Vintners
Friendly
Domestic
distillery
Single Bidder
United States
Synopsis
OvareVentures, a dedicated growth initiative of OvareGroup, agreed to invest in Fort Hamilton Distillery, a producer of super-premium rye whiskeys, bourbons, and soon, gin. Financial terms were not disclosed. "We have faithfully recreated a traditional New York Rye style that existed when classic cocktails (like Manhattans) were being invented. Although our products have received widespread acclaim, breaking into the spirits business is challenging and we’re confident that the support provided by OvareVentures and its team of agencies will help us gain national distribution and sales," Alex Clark, Fort Hamilton Owner.
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