David Duffy Joins First Beverage Group
Los Angeles, CA – June 3, 2015 – First Beverage Group is pleased to announce that David Duffy, former founder of Colorado Craft Advisors, has joined the company as a director. Duffy will work with First Beverage’s investment banking group, First Beverage Financial, to provide consulting services to craft breweries.
Duffy has worked in all tiers of the beverage business. He began in the beverage industry by running on- and off-premise sales routes at a local Coca-Cola distributor and later worked as general manager of a beer distributor in Colorado. He has over 14 years of experience in field sales, sales management, and marketing with Boston Beer Company, New Belgium Brewing and Great Divide Brewing Company.
In 2012, Duffy founded Colorado Craft Advisors, a beverage-focused consultancy focusing on sales and marketing solutions for suppliers and distributors and specializing in growth strategies and systems for emerging and mature companies. He has completed projects for multiple breweries, distributors, and investors covering portfolio architecture, pricing, branding, sales team development, expansion, market development, training and due diligence. He has direct experience working with over 20 breweries and over 100 distributors in more than 40 states, as well as with international companies.
Duffy graduated from The University of Richmond with a Bachelor in Business Administration and earned his MBA from The College of William and Mary. He currently is an advisory board member of the Beverage Business Institute at Colorado State University and is an industry leadership council and affiliate faculty member at Metropolitan State University in Denver.
“We have worked with Dave on many consulting projects for several years now, so it is our extreme pleasure to finally make him an official member of the First Beverage team,” said William Anderson, founder and CEO of First Beverage Group. “Dave’s expertise will add an extraordinary amount of knowledge to our already top-notch craft advisory team. We’re very excited to have him on board.”
“After what has essentially been a two-year interview process, I feel fortunate and excited to formalize my relationship with First Beverage,” said Duffy. “This is a company that already has a phenomenal reputation for skill and results in providing growth solutions for entrepreneurial beverage companies, but what really attracted me to First Beverage is how they take their partnerships to a much deeper level. They form warm, meaningful relationships with their clients in addition to providing creative solutions and adding value. First Beverage’s thought leadership, unwavering reverence to confidentiality, and desire to have a little fun along the way sealed the deal for me.”
About First Beverage Group
First Beverage Group is a full-service financial services firm dedicated exclusively to the beverage industry. First Beverage provides a comprehensive range of products, including investment banking and investment funds for growth capital to leading operators in all segments of the beverage industry. Headquartered in Los Angeles with offices in Boston and New York, the First Beverage team is made up of entrepreneurial senior beverage executives with over 200 years of industry and investment banking experience. For more information, please visit the company’s website, www.firstbeveragegroup.com.