West Berkshire Brewery

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This is a rare opportunity to co-invest with a very experienced investor – David Bruce, Co-Founder of The City Pub Company – with the additional benefit of EIS tax relief. The deal is exclusively available through Wealth Club.

In the last few weeks, West Berkshire Brewery has achieved a few milestones: see what they are.

Investment highlights

  • Exclusive opportunity to participate in an established brewery’s growth including pub estate
  • Diversified revenues, known brands and award-winning British beers
  • Current valuation £10.3 million (3x revenue 2x net assets)
  • £2.2 million target EBITDA by 2021
  • Business expected to be profitable even without growth due to improvement in margin
  • Highly experienced management team led by David Bruce
  • Mid-point target return – over 3x after EIS tax relief, not guaranteed
  • Exit targeted from year 4
  • EIS advance assurance in place
  • Minimum investment £10,000

West Berkshire Brewery beersWhy has David Bruce invested in West Berkshire Brewery?

“When in March 2013 the founders of West Berkshire Brewery decided to retire after 18 years, they invited me to become Chairman to take their company forward. Armed with my 51 years’ experience in the international brewing industry, I was delighted to accept the exciting challenge and work with the Brewery’s existing team to help them realise the true potential of the business.

Due to my confidence in the Company’s portfolio of award-winning brands and the excellence of all its staff, I am now delighted to personally own 7% of the equity [another 3% is owned by David's family].

The past four years have been a transformational time. Having raised so far £6.7 million of new equity under the Enterprise Investment Scheme, we are about to open one of the most pre-eminent and cutting-edge new breweries in Europe, together with state-of-the-art bottling, kegging and canning facilities. In addition to this £5.5 million development of our new 38,000 sq ft site, we are embarking on the rapid expansion of our pub estate to showcase our beers and lagers across Southern England.

Having co-founded and invested in many breweries from London to Seattle via Paris and New York, I am hugely excited about realising the true potential of West Berkshire Brewery and creating real value for our shareholders before achieving an exit for them within the next five years”.


Update – 4 November 2017

In the last few weeks, West Berkshire Brewery has achieved a few milestones.

Expansion of pub estate

It has exchanged contracts for the purchase of the Old Suffolk Punch pub on Fulham Palace Road, West London (pictured below) and has had an offer accepted on another pub in North London. The pub estate will be managed by the former Managing Director of the Slug & Lettuce chain of pubs.

West Berkshire Brewery – new pub in west London

Brewery tours and visitor centre

On Saturday 28 October, the first brewery tour took place. 200 people visited the brewery and its new facilities, including the visitor centre and the Taproom and Restaurant – see photo gallery below.

Canning facilities

The canning facilities in the new plant will be used for the first time on Monday 6 November, to can the award-winning Renegade beer. West Berkshire Brewery has also secured a canning contract  with Yeastie Boys, an independent brewing company based in Wellington, New Zealand.


What to consider

Despite the strong management team and the proven business, capital is at risk. You should not invest money you cannot afford to lose. Returns are not guaranteed. The value of tax benefits depends on circumstances and tax rules can change. 

EIS schemes are currently the subject of a Treasury consultation. This is designed to review the options for ensuring access to long-term investment for young, innovative firms. The proposals are expected to be announced in the Autumn budget. This could have an effect on the investments permitted under EIS, and on the levels of tax reliefs that are available.

How to apply

This deal is available exclusively through Wealth Club and the deadline is 17 November for the next share allotment. If you are interested you should:

The details

Type
Single company
Sector
Target return
-
Funds raised / sought
-
Minimum investment
-
Deadline
CLOSED

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