Brunswick Aces Distillery has kicked off its equity crowdfunding campaign strongly chasing a target of $1 million to support the brand’s international expansion. It has raised more than $250K so far.
Founded in 2017 by a group of cocktail-loving neighbours, Brunswick Aces has been a leader in the moderation movement in Australia during its continued rise in popularity over the last few years with its non-alcoholic bar based in Melbourne serving over 100 non-alcoholic beers, wines, and cocktails, curated by the team behind Australia’s first zero alcohol gin, Brunswick Aces.
Focused on offering adult-tasting drinks and experiences for those looking to reduce or cut out alcohol, the brand is now set on accelerating its growing international presence.
Having seen exceptional growth over the last couple of years, tripling
Revenue for the business tripled between the FY21 and FY22, says the company, as did the Brunswick Aces team.
The distillery produces alcoholic and non-alcoholic gins and there is a Brunswick Aces non-alcoholic bar in Melbourne. This year the distillery secured national ranging with Dan Murphy’s and its presence in Vintage Cellars, Liquorland, First Choice and independents continues to grow.
Co-Founder & Brand Director, Stuart Henshall, said “Following strong years of growth, the Brunswick Aces team is excited to be able to open up investment in our rapidly expanding business, so our community of mindful drinkers can come on board as co-owners and join us on our journey.
“The next couple of years are going to see the business grow at an accelerated rate, with our international growth strategy in place across MENA, Europe & the US. We’re working with some of the best distributors in these markets that will enable us to take the Brunswick Aces message of inclusivity and moderation out to the world.”
In addition to the new export markets, the team is looking to capitalise on domestic growth opportunities with key partners.
Henshall said, “Those who do choose to invest in Brunswick Aces, will not only benefit from any future financial successes but also get access to free product, exclusive events at the bar, early access to new blends, as well as discounts and deals.“
Expressions of interest are invited with the raise to go live in the coming weeks. Potential investors can register their interest here.