Garage Beer Lands Investment From Durational Capital, Hits $200M Valuation

Dear Client:  Garage Beer has secured its first institutional funding round, bringing on Durational Capital Management as a strategic investor in a deal that values the fast-growing brand at roughly $200 million, according to The Wall Street Journal. The deal will fuel nationwide expansion, with funds earmarked for marketing, sales force and field resources. Durational, best known in food service as an owner of fried chicken chain Bojangles, becomes a large shareholder alongside “existing owners and operators” Travis and Jason