Due
to the increase in inquiries about investment in Coastal
Extreme Brewing Co., LLC we felt it was appropriate to
address this matter here on our website. We were founded
in 1999 with private equity from 13 investors and a small
bank loan. Since then we have continued to expand rapidly
while limiting the need for additional funding. By minimizing
the company’s management fee and employing an investor
backed reinvestment philosophy we have avoided dilution
or increased debt.
As our company gets older,
it is tough to predict exactly what our financial desires
will be. Many companies go through several rounds of investment
in their growth and as we have had only one (the initial
round) we may look to this avenue as a way to grow further
in the future. In addition, in today’s corporate
landscape the popularity and necessity of merging, acquiring,
or being acquired must also be considered as we strive
to make the best beer we can and make it available to
the most people we can.