Shacksbury Holdings, Inc.

Shacksbury Holdings, Inc.

Vermont Cidery

Print
Security Type
Common Stock
Categories
Consumer Goods & Products
Min Investment
$501
Location
Vergennes, VT
Offering Date
September 30, 2020
Expected Close Date
March 29, 2021
Target Raise
$10.00K-$1.07M
Deal Notes

Price per Share: $3.53

Valuation
$12,000,000

Company Description

Shacksbury is a cidery based in the Champlain Valley of Vermont - a place defined by community and an outdoor, active lifestyle. We produce and sell a portfolio of low sugar, low calorie beverages that are always pushing forward and never straying from the natural beauty our home state is known for. Beginning in 2013, we began to make dry, unique ciders—the backbone of the company—while now expanding our offerings to other ready-to-drink beverages to meet the evolving market around us.

Key Deal Facts

Strong revenue growth, from sales of $200,000 in 2015 to $2.8 million in 2019.
Our cidery has been recognized by Food and Wine and Wine Enthusiast, garnering collaborations with Momofuku Restaurant Group, Modern Times Beer, Broc Cellars and more.
The ready-to-drink beverage market continues to grow by 30% year-over-year and represents a $5.9 billion opportunity.

Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.

Management Team / Advisory Board Bios

Colin Davis
Co-founder, President
Colin is a born tinkerer whose interest has ranged from cars, to architecture, to recycling, before finally landing on cider making. He also co-manages a herd of highland cattle with his dad.

David Dolginow
Co-Founder, Vice President
David grew up in Kansas City in a family of retailers and entrepreneurs and the apple doesn't fall far... After spending three years at Sunrise Orchards in Vermont, David started Shacksbury with Colin in spring 2013, after an exciting but nerve-racking conversation at dollar Miller draft night at Big Moose Pub to outline their partnership.

Elizabeth Tilton
Board Member
Born and raised in New Orleans, Elizabeth found herself around a friend's kitchen table in New York City drinking Shacksbury and it was love at first sip. You can currently find her between New York City and New Orleans where she runs her company, Oyster Sunday. Although culinary is her passion, she regrets not going to space camp but believes there is still time.

Luke Schmuecker
Partner, Director of Marketing
Luke's connection to apples runs deep. He grew up in a neighborhood in Connecticut where the streets were named after apples and his first job was at a family friend's apple orchard. Fast forward to 2020, Luke is based in San Diego and spends his time obsessing over photos, branding, consumer behavior and the beverage industry in general.

Alex Consalvo
Partner, Director of Sales
Alex grew up in Vermont next to an orchard where he learned the magic of apples, cider and of course apple cider donuts! He lives in Austin, Texas now where he helps Shacksbury sell its products from coast to coast. Alex loves a good business trip and a great shot of espresso.

Aurelia Biebuyck
Operations Manager
Aurelia joined the crew after working in various strategy and finance roles. She now helps Shacksbury with production and all things numbers. As a native Vermonter, Aurelia loves most type 2 fun activities, such as slogging through Vermonts gravel roads on her bike.

Nicholas Janson
Head Cider Maker
Nicholas enjoys the technically nuanced nature of fermenting, fining and blending the ciders here at Shacksbury. He is fairly illusive, he spends lots of time deep in the forest or high up on a mountain. The best chance of a sighting would be to hide out and wait quietly at the break of dawn in the cellar at Shacksbury because thats when he is most active...

Jake Maxwell
Director of Logistics
Jake is often seen behind pallets of cans, stacks of kegs, or any other objects taller than 5'2" in our warehouse. While he may be hard to find at times, he's the one that keeps things moving in and out of Shacksbury. If you're enjoying a nice cold beverage from us, then raise a glass in appreciation of his efforts. Just not too high where he can't reach it.

Gabrielle Hall
E-Commerce Coordinator

Ezra Warf
Staff Accountant

Kyle de Paula
Lead Canning Line Operator

Evan Kennedy
Warehouse Team Member

Andrew Purdy
Canning Line Operator

David Butler
Warehouse Team Member

Gary Rose
Warehouse Team Member

Ty Stamp
Sales Manager, Texas

Larkin Griffin
Sales Manager, Vermont and New Hampshire

Krista Scruggs
CO Cellars - Co-founder

Grace Meyer
CO Cellars - General Manager

Justine Belle Lambright
CO Cellars - Sales and Brand Liaison

John Staples
Fairweather Cider, Founder and Creative Director

Jonathan Losset
Fairweather Cider, Sales Manager, Texas

Deal Notes

Price per Share: $3.53

Amount Raised : $607,748
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments