Craft Beer Professionals22 Apr 2023

Pitfalls of Buying (or Selling) a Brewery w/ John Szymankiewicz (Beer Law Center)

We're continuing to see consolidation in the craft beer industry, especially among independent breweries. Some people are looking to exit the industry, some are looking to break in. And, right now, it may be cheaper to buy a brewery than to start or build one. But there are some real dangers to consider when you're looking at a transaction. From financing to due diligence to closing the transaction - it's not as simple as you might think. Don't make a mistake that can tank the business. This presentation will walk through the overall process, from Letter of Intent to Closing, and highlight the risks you should consider or mitigate.

John Szymankiewicz is a licensed professional engineer, attorney, and a Managing Partner of Matheson & Associates. Since 2010, John has dedicated his practice to the craft beverage industry. John is a recognized expert in federal and North Carolina state alcohol beverage law and regularly helps alcohol producers and retailers as part of Beer Law Center, the alcohol practice area of Matheson & Associates. He is licensed to practice law in all North Carolina, Virginia, West Virginia, and Washington DC. John is admitted before several federal district courts as well as the Supreme Court of the United States.

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