The Bruery Selling Majority Stake to PE Firm, Castanea Partners

Dear Client:Today, popular Orange County, California brewer, The Bruery, announced plans to sell a majority stake to Castanea Partners, a private equity firm out of Newton, MA.The sale is expected to finalize later this month. Terms of the transaction were not disclosed.The "partnership," as The Bruery calls it, will help them "financially and operationally" with their future plans, according to a company blog post.This is key: "Thanks to this partnership, we will be able to explore more opportunities both in