10.27.2016  
 

Free Flow taps $9 million for East Coast facility

Boca Raton, Fla.—Veritas Financial Partners is providing Free Flow Wines $9 million in financing through a growth equity investment in the kegging operation based in Napa, Calif. Free Flow Wines is using the investment to fund the opening of an East Coast kegging facility to expand its keg leasing, filling and logistics services. Free Flow owns and manages more than 125,000 kegs that its winery clients use to provide wine on tap to restaurants and other on-premise accounts throughout the United States. “Finding a debt partner who was able to understand our complex business model and support our aggressive growth was critical,” said Free Flow CEO Jordan Kivelstadt in a press release. “The Veritas team took the time to understand our business, and then provided a very competitive and flexible financing package.”
 

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