/ / / / Full Sail Brewing Employees Vote To Sell To Private Equity Firm

Full Sail Brewing Employees Vote To Sell To Private Equity Firm

3/10/2015 04:23:00 AM , ,

imageFrom The Daily Meal:

It’s the end of an era as Full Sail Brewing’s employees and founders voted on Friday to sell to Oregon Craft Brewers Co. which is a local investment group formed by Encore Consumer Capital a San Francisco based private equity firm.“The votes were returned confidentially to our ESOP attorney. It passed nearly unanimously” said Full Sail founder and CEO Irene Firmat.



While this news is sure to not make as big a splash as the recent sales of 10 Barrel Brewing and Elysian it is in many ways more important as Full Sail has been one of the pioneers of the industry and produces more beer (115,000 bbl) in 2014 than 10 Barrel (40,ooo bbl) and Elysian (50,000 bbl) combined making them the 25th largest craft brewer in the country.

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