The monetary settlement might be used to help the corporate’s ongoing enlargement and associated development initiatives. The precise determine is undisclosed.
Brian Rosen, common associate at InvestBev, stated: “We really feel excellent about Mike Tetterton and what RD1 is doing. On the root of our thesis is an easy perception: impartial alcohol beverage manufacturers deserve entry to sensible capital and strategic help. This settlement is a direct reflection of that mission.”
InvestBev Credit score, the agency’s personal credit score arm, has thus far invested practically $30m in 2025, serving to distilleries, barrel homeowners, and model operators “unlock the worth of their growing old stock”, the agency stated.
This newest settlement highlights InvestBev’s intention to gas founder-led success throughout the three tiers of the alcohol beverage business.