by Steven Doyle
On June 8, 2018 Deep Ellum Brewing Company was sold Canarchy Craft Brewing for an undisclosed amount of money. Canarchy owns Oskar Blues out of Lyons, Colorado, Perrins from Michigan, Cigar Brewing from Florida, and Wasatch & Squatters from Utah.
The sale allows Deep Ellum to continue its fast track growth path enabling further additions to the building and growth out of Texas.
In 2011, Deep Ellum Brewing Company set up shop in the Deep Ellum neighborhood of Dallas, Texas – the first craft brewery to open in Dallas in over a decade. Since then, Deep Ellum has become as well known for its innovative brewing and exceptional quality as it has for its healthy disdain for the status quo.
Like the notorious neighborhood it calls home, the brewery is bold, fearless, and unapologetic. The idea of “blending in” was never part of the plan – at the bar or on the shelf. With a commitment to staying true to their reckless streak, their rough edges and their roots, Deep Ellum has quickly grown to become the 3rd largest independent craft brewery in Texas and the 65th largest brewery overall.
Led by its flagships, Deep Ellum IPA and Dallas Blonde, the brewery has amassed an extremely devoted fan base across Texas and beyond.
Deep Ellum CEO John Reardon said he did not take as much cash up front in order to obtain a greater equity stake in the Canarchy. Reardon will stay aboard Deep Ellum to oversee daily operations.