Acrospire Brewing

Acrospire Brewing

Brewing Company

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Security Type
Secured Loan
Categories
Alcohol
Min Investment
$100
Location
Glenshaw, PA
Offering Date
July 30, 2021
Expected Close Date
September 28, 2021
Target Raise
$50.00K-$150.00K
Security Price
$1

Company Description

Acrospire Brewing Co. is just that – a brewery. We are located in Glenshaw, PA and specialize in traditional craft beer flavors and new classics. Brewing small batches allows us to be nimble and make a wide variety of styles and flavors. We have solidified a professional, mature customer base that is rooted in the northern suburbs of Pittsburgh. They are sophisticated and educated beer drinkers with a selective pallet for craft beverages and love the idea of a brewery in the suburbs.

Key Deal Facts

Head Brewer has a Ph.D in Chemistry
12 beers on tap with rotating flavors and styles
5/5 rating on Google Reviews

Use of Proceeds

  • Taproom Buildout $50,000
  • Walk-In Cooler - $15,000
  • Fermentation Tanks - $3,000
  • Brite Tank - $2,000
  • Chiller - $5,000
  • Kegs - $2,400Keg
  • Washer - $5,000
  • Taproom seating - $4,000
  • Barware (glasses, samplers, etc.) - $1,500
  • Automated canning equipment - $15,000
  • High-capacity grain mill - $3,000

Management Team / Advisory Board Bios

Eric Truscott, Co-Owner
With a bachelor’s degree in Sociology and a master’s degree in internet information systems, Eric has grown up in business in customer-facing roles from the very start. He spent the last 15 years in the healthcare tech industry helping customers solve problems and maximize their ROI. Early on, Eric got his hands dirty on the front lines, supporting customers on technical issues. More recently, Eric worked on the business side coaching his customers on best practices, managing large-scale projects, and doing whatever it takes to keep the customer happy. Along the way, Eric managed technical support and account management teams in the healthcare tech arena, taking pride in leading & coaching his teams to success.

Gregory Long, Co-Owner
Gregory (Greg) started his career with a B. S. in Chemistry from Penn State and worked as a process chemist at Rütgers Organics for several years before returning to graduate school. He ultimately earned his Ph.D. in Chemistry, with a focus on polymer synthesis, from Penn State University in 2002. A post-doc in the Polymers and Coatings Group at Los Alamos National lab followed, and he became a permanent Technical Staff Member in 2004. He worked 8 years in a variety of technical and managerial capacities on projects including polymeric fuel membranes, space nuclear fuels, uranium processing, and high explosives processing and testing. As technically fulfilling as those positions and projects were, Greg decided to return to Pennsylvania (Pittsburgh) to be closer to family and work in the Industrial Sector. After short stints in a startup and as a QA manager for a local polymer manufacturer, he became a Research Engineer at U. S. Steel, where he works currently investigating processing issues related to pickling, coating, and product surface quality.
Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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