Just Wines nabs drinks rival Beer Cartel in M&A deal
Online drinks retailer Just Wines has bought craft beer seller Beer Cartel and its Brewquets gifting brand, after earlier picking up administrators' sales Sans Drinks and Liquor Loot.
Company
Sydney, NSW
Every investor coverage indicates participated in a round Liquor Loot raised.
The transaction that ended Liquor Loot's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Just Wines | Acquisition | Apr 2024 | - | Startup Daily, SmartCompany |
Companies Liquor Loot acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Trent Devine | Joint Administrator | SmartCompany |
| Joel Hauer | Founder | SmartCompany (7 Mar 2024), SmartCompany (29 Aug 2022) |
| Andrew Spring | Joint Administrator | SmartCompany |
Stories naming Liquor Loot. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Online drinks retailer Just Wines has bought craft beer seller Beer Cartel and its Brewquets gifting brand, after earlier picking up administrators' sales Sans Drinks and Liquor Loot.
Sydney spirits subscription startup Liquor Loot has entered insolvency, with administrators appointed; the piece recalls its 2020 seed raise and similar collapses at BoozeBud and Gintonica.
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