First Key performed a high-level technical due diligence assessment on a top-50 craft brewer on behalf of a global private equity firm. The due diligence project involved an on-site assessment, interviews and questionnaires with key brewery personnel that validated current brewery capacity, identified bottlenecks, evaluated the equipment and facility, assessed the company’s quality management system and estimated market value of the existing equipment. The project also developed recommendations and guidelines for future capacity expansion. The resulting report provided the private equity firm with reasonable evidence to proceed with a go or no-go decision on the acquisition.
