Indiana City Brewing Co. hires New Mill Capital to market its Indianapolis brewery

Indiana City Brewing Company engaged New Mill Capital to seek potential buyers for its Indianapolis brewery, Brewbound reported on 2022-12-09T22:02:19.000Z. Brewbound says the sale package includes all equipment assets, intellectual property and the company’s book of business, and that the brewery with on-site taproom will remain open and fully operational throughout the offering process.

Brewbound reports the brewery — opened in spring 2013 in the former Bottling House (1904) at 24 Shelby Street on Indianapolis’ near east side — grew from a 1.5 BBL to a 10 BBL brewhouse and expanded its tap and canned lineup. The brand is distributed across Indiana in grocery and liquor stores and on tap in bars and restaurants. New Mill Capital described itself in the listing as a manufacturing asset acquisition and disposition firm; Brewbound said interested parties may contact New Mill Managing Principal Eric Weiler, who commented on the opportunity and expansion potential, and that founder Ray Kamstra was quoted about the sale.

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