LONDON–(BUSINESS WIRE)–Cælum Capital Restricted, a specialist investor centered on premium beverage companies, introduced the acquisition of a majority stake in Compass Field Scrumptious Whisky Restricted, a London-based premium Scotch whisky model. Compass Field is ranked 4th within the “Prime Trending Manufacturers” in Scotch whisky phase by Drinks Worldwide.
Cælum was arrange by Manish Rungta, an ex-Diageo govt with a background in personal fairness. Cælum has introduced in Maurice Doyle as the brand new CEO of Compass Field to companion with the Founder, John Glaser, within the continued improvement of the enterprise. A spirits trade veteran, Maurice Doyle brings almost 30 years of promoting, industrial, and govt management expertise from inside the world alcoholic drinks sector. “I’m delighted to be becoming a member of Compass Field. It’s a model that I’ve lengthy admired as a pioneer inside Scotch whisky. I’ve an enormous quantity of respect for John and what he has achieved,” says Doyle.
Based in London in 2000, Compass Field is a mirrored image of Glaser’s private imaginative and prescient for what the way forward for whisky making must be. John Glaser was named by Whisky Advocate as one of many “Thirty Innovators Who Formed At the moment’s Whisky” and one of many solely Two alive immediately. “With Maurice becoming a member of me on the helm, we’re excited to double-down on our dedication to democratise the enjoyment of Scotch whisky, to proceed releasing merchandise that reveal the artistic artwork behind mixing,” says Glaser, who has described the Compass Field mission as, “preventing…what I name the ‘single malt hegemony.’”
Cælum funding will probably be used to strengthen the steadiness sheet of the Firm, purchase stock, and construct manufacturing services. Cælum will assist facilitate the ambition of Compass Field to supply extra alternatives to discover, experiment and innovate, with curiosity and creativity as its guiding ideas. Manish Rungta, the Managing Associate at Cælum stated, “We’re excited to companion with Compass Field and it’s consultant of the modern and pioneering manufacturers inside the beverage class that we wish to make investments behind.”
Metric Level Capital, acted because the unique monetary advisor and placement agent to Cælum. “We’re grateful for the help of the Metric Level crew throughout a really advanced course of and a crowded North American fundraising market. Metric Level introduced extremely technical skillsets and a tailor-made resolution for this distinctive proprietary deal and we ended up being oversubscribed in our fundraising,” stated Manish Rungta.
Company Associate Tom Braiden led the crew at Brown Rudnick, a global regulation agency, which acted as unique authorized advisor to Cælum.
Cælum Capital Restricted
Cælum Capital Restricted is predicated in London and is a specialist investor centered on investing in premium beverage companies primarily based in North America and Europe with a give attention to alcoholic drinks. Cælum was based by Manish Rungta, who’s the Managing Associate of the agency and has intensive funding expertise within the beverage sector, each alcoholic and non-alcoholic. Ex-SABMiller govt Mark Eames has joined Cælum as an Working Associate and has intensive strategic, operational, and monetary planning expertise inside the beverage sector. Cælum targets alternatives within the beverage phase with funding quantities starting from US$50 – 200 million. For extra data, please go to www.caelumcap.co.uk.
Compass Field
Compass Field are Scotch whiskymakers. The phrase ‘whiskymaker’ is their phrase – it doesn’t seem in a dictionary. For over 20 years they’ve been relentlessly centered on reinventing Scotch whisky, with each new mix designed to assist make the world of whisky a extra fascinating place. Compass Field have received extra awards for innovation than another producer in Scotland as a result of they’re all the time experimenting. At all times searching for sparks of creativity that can ship one thing completely compelling, but utterly shocking. This imaginative and prescient motivates them as whiskymakers. Their blends are persistently rated equal to or higher than the nice single malts of Scotland by probably the most revered voices within the trade. For extra data, please go to www.compassboxwhisky.com or @CompassBoxWhiskyCo on Instagram.
Metric Level Capital (Member FINRA and SIPC)
Metric Level Capital is a boutique personal capital advisory agency specializing in elevating institutional capital for various funding managers.