SymBev Inc., a Canadian adult beverage company that acquires and builds brands, is building a new national adult beverage company through acquisition and innovation in the craft beverage space.

Canada and US companies are supporting this decision and a Series A funding has backed their first three acquisitions: Railway City Brewing Company (St. Thomas, Ontario), CRANK Lite Lager (Oakville, Ontario) and Locker Room Lager (Toronto, Ontario) which will be combined into SymBev’s first regional brewing hub. Series B will open in January to fund future acquisitions and invest in new-to-market brands.

“We’re focused on adult beverages, not just beer. Our approach is consumer-first. We acquire and build brands that connect with them across beer, spirits, ready-to-drink, non-alcoholic and other emerging trends and categories,” CEO Dave Clarke explains in an interview for this article in Brewbound.

Their CEO Dave Clarke brings over 30 years of sales, marketing and general management experience at leading firms Bass Brewers UK, Diageo, Creemore Springs, Cowbell Brewery and Beattie’s Distillers. CFO Michael Presley has amassed over 25 years of senior experience in consumer packaged goods (CPG), hospitality and private equity with Coca-Cola, Kraft and Nabisco Foods.

Stephen Rich is an award-winning brewmaster with a passion for innovation and education. SymBev’s new director of business development, Jack Jelinek, is one of the youngest beer entrepreneurs in Canada and the founder and past owner of CRANK Lite Bev Corp, the first company acquired by SymBev.