Early investors in “punk” beer firm BrewDog will be able to bank a hefty profit this week. An injection of cash from a private equity house valued the company at £1bn, 10 years after it began life in its co-founder’s mother’s garage. Founders James Watt and Martin Dickie are understood to have made £100m between them as a result of the deal, a decade after they used a £20,000 bank loan to start brewing in Fraserburgh, Aberdeenshire. The valuation means that even late-stage investors who bought equity last year could make a 177% return if they choose to sell. @brewdog is now 22 per cent owned by a major private equity firm.

Source: The Guardian April 09, 2017 13:41 UTC