BrewDog initiates an IPO while it continues international expansions

BrewDog is in talks with an investment banker to explore the possibility to listing in London (New York is also a possibility) via an IPO process. The company is valued at ~£2B following the latest crowdfunding round and posted net sales of £182M in 2020 with a pre-tax loss of £13.1M. As the IPO is explored, the company continues to expand internationally, entering into a franchise agreement with Ace-Aloha Group in India to open up to 50 BrewDog venues.