Brewdog gets ready for another raise with “equity for punks” crowdfunding round five

Brewdog is set to open up its business to equity crowdfunding once again, as the brewery calls on ordinary people to invest in the business.

Brewdog hopes that the fifth “equity for punks” raise will bring in an extra £90m, which founder James Watt says is needed for expansion.

“Our plan is to try to turn Brewdog into a £5bn company in five years,” Watt wrote, according to trade publication The Morning Advertiser.

He said that the brewery’s international expansion plans needed £180m to push forward. Half of this amount will be raised from its private equity investmors TSG Partners, while it is hoped another £90m will be raised through a mix of bank financing and crowd investment.

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Brewdog has previously raised record-breaking amounts through its crowd equity campaigns, but its last round fell short of its £25m target at £19m.

The company has now expanded to the USA and is searching for a site in Australia, which led to a very unusual attempt by South Australian officials to suggest Adelaide.

Brewdog also recently committed to giving away 20 per cent of its profits to a mix of its staff and selected charities.