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Tully & Holland sells Independent Brewers United to North American Breweries

Tully & Holland has completed the sale of Independent Brewers United to North American Breweries. 

Tully & Holland has completed the sale of Independent Brewers United to North American Breweries. 

Tully & Holland acted as the exclusive investment banking adviser to the seller’s majority shareholder. The terms of the transaction were not disclosed.

Independent Brewers United, one of the largest craft beer producers in the US, markets and sells Magic Hat, Pyramid, and MacTarnahan’s beers and ales.  Based in Vermont, the company’s beers are sold on both the east and west coasts operating out of three breweries and six retail locations. 

The largest independently-owned beer company in the US, North American Breweries has grown through strategic acquisitions during recent years. Labatt USA and Genesee Brewing Company were acquired by North American Breweries in 2009. The acquisition of Independent Brewers United will expand the company’s presence in the rapidly growing craft beer segment, particularly on the west coast.

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