Crowdfunders Exit Quickly With Acquisition

CrowdCube, the United Kingdom’s leading equity crowdfunding platform, issued a press release:

“Camden Town Brewery, which raised £2,750,000 in April this year thanks to 2,173 Crowdcube investors, has announced that it has been acquired by Anheuser-Busch InBev (AB InBev), the largest brewer in the world with 25% market share. The sale will deliver a multiple return to its investors and pave the way for further growth and expansion.”

Financial terms were not disclosed. This was the second successful exit for crowdfunders on the CrowdCube site.

Read it here: http://blog.crowdcube.com/2015/12/22/crowdcubes-second-exit-announced-camden-town-brewery/?utm_source=KEEP%3A+Crowdcube&utm_campaign=b640b6100c-Newsletter_22_12_15&utm_medium=email&utm_term=0_4922336022-b640b6100c-317938569&mc_cid=b640b6100c&mc_eid=2d31fdd3be

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Legislative Intent, SEC, Small Business, States, Tax, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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