Bardstown Bourbon Co. acquired by Chicago-based investment firm

NC GAZETTE / WBRT RADIO
STAFF REPORT

Tuesday, March 8, 2022 — The Bardstown Bourbon Company, the nation’s largest bespoke spirits distiller, has been acquired by Chicago-based Pritzker Private Capitol, the companies announced Monday.

Mark Erwin, the current President and CEO of Bardstown Bourbon, and his management team will continue to lead the business.

“We are delighted to partner with Pritzker Private Capital to develop this company’s distillation, bottling and branding capability to its greatest potential,” Erwin said in a press release Monday. “The PPC team shares our commitment to a culture of innovation and teamwork. Together we will build on the legacy of our founder Peter Loftin and take this great company to the next level.

Bardstown Bourbon was founded by Peter Loftin in 2014 and since its inception has quadrupled its distillation capacity. The company now distills over 50 mash bills for over 30 premium spirit brands.

The company also has its own line of pure and blended whiskies.

The cost of the acquisition was not disclosed.

“This partnership is a perfect fit with our experience and our desire to invest in innovative food and beverage producers that combine cutting-edge production capabilities and strong partnerships with leading brands,” said Chris Trick, partner of investment at PPC.

“With its innovative co-manufacturing strategy and experiential approach at its Bourbon Trail site, Bardstown Bourbon is poised for growth and expansion into the attractive premium spirits category.”

The Bardstown Bourbon campus is considered the premier Napa Valley-style destination on the Kentucky Bourbon Trail and welcomes more than 75,000 bourbon fans each year.

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Laura J. Boyer