Oskar Blues To Purchase Perrin Brewing

  Oskar Blues has agreed to purchase Michigan’s Perrin Brewing Company, a smaller craft operation founded in 2011. The pickup may be the first in a series of investments for Oskar Blues, a top-25 craft brewery.

 The acquisition is backed by investments from Fireman Capital Partners and former West Side Distributing owner, Keith Klopcic, according to Oskar Blues’ founder, Dale Katechis. He said the transaction is expected to close within the next 60 days.
 Katechis said a deal between the two companies closed in early March; while he would not elaborate, sources familiar with the transaction have described the investment as a “special purpose fund,” and a vehicle for acquiring more craft brands.
 Oskar Blues made 149,000 barrels in 2014 and had revenues of $43 million. The brand is currently sold in 42 states and Washington D.C.
  Oskar Blues brewed a batch of beer with the company last fall and discussions about a possible acquisition began moving forward.
“The idea of hyper local is becoming more and more relevant to the consumer and obviously affecting the entire industry’s business models,” said Katechis. “We want to continue to be aggressive and strong and in our minds, this is our way of having one more card that we could play and it is real and genuine.” ...more Brewbond  mlive.com/oskar_blues