The Five Points Group has closed its latest crowdfunding campaign. It will use the money to increase brewing capacity and open new pubs.
The company was aiming to raise £350,000 and was offering 2.25% equity in return. As it happens, the campaign was overfunded, bringing in £461,051 from 736 investors.
Its flagship Pembury Tavern will serve as a model for new pub acquisitions. There are plans to have a new London venue operational by thesummer.
“Despite facing challenges posed by the Covid-19 pandemic and the cost of living and utilities crises, Five Points Brewing has demonstrated resilience and achieved significant growth in 2023,” said Five Points co-founder and chief executive Ed Mason.
“We are incredibly proud of the brand that we and our investors have built over the past 11 years. Our continued growth is a testament to the strength of our brand and the dedication of our fantastic team across our brewery, taproom, and The Pembury Tavern.
“We are excited about the opportunities that lie ahead for Five Points Brewing. With the support of our investors and community, and an emphasis on quality and accessible beers, we are confident in our ability to continue our growth and further establish ourselves as a leading player in the craft beer industry.”
