November 13, 2024 (Global News Distribution) -
InvestBev, the leading private equity firm specializing in the adult beverage industry, is pleased to announce a multimillion-dollar credit facility for Oak Proof Management, an independent investment firm focused on barrels of ageing spirits. This new partnership will enable Oak Proof to further expand its investments in the raw distillate bourbon market and bolster its position within the growing industry.
Oak Proof, founded in 2023 by Steve Ochs and Todd Camhe, invests primarily in bourbon and whiskey barrels and aims to bring refined, high-quality aged spirits to market. The firm is led by co-founders who have extensive expertise in both bourbon investment and business development across diverse sectors. Steve Ochs has an extensive background in bourbon investment, having previously been instrumental in the success of Redwood Distilled, a high-growth bourbon venture. His partner, Todd Camhe, brings over 20 years of experience in media, entertainment, and global brand strategy.
“We are thrilled to have closed another seven-figure credit facility for the bourbon industry,” said Brian Rosen, General Partner of InvestBev. “Our goal remains to strengthen the industry through liberal use of financing for all distilleries, investors, and brands. Oak Proof is a great partner for InvestBev, and we are pleased to have them in the portfolio.”
Oak Proof’s co-founder, Steve Ochs, expressed enthusiasm about the partnership. “At Oak Proof, we were searching for a collaborative financing partner, and we found that in InvestBev Credit. Brian and the team were a pleasure to work with,” said Ochs.
This credit facility is part of InvestBev’s ongoing commitment to supporting industry growth and innovation within the adult beverage sector, ensuring a bright future for brands, distilleries, and investment firms across the U.S.
About InvestBev
Founded in 2015 by Brian Rosen, InvestBev Group is a premier private equity firm in the adult beverage industry, known for its short return windows and non-correlated investment strategy. Helmed by 3rd generation industry veteran Brian Rosen, InvestBev Group has raised nearly $200 million across four funds, a $100 million credit platform, and a low-cost insurance provider to distilleries. InvestBev is dedicated to supporting emerging brands and segments within the alcohol sector. Learn more: Website | LinkedIn