Speakeasy Ales & Lagers has ceased operations, packaging and tap room operations, effective immediately. The brewery cites “difficulty securing capital investment, and outstanding debt obligations” leading to this decision.
Per Speakeasy, the company’s primary creditor will determine the future of the brewery.
“The brewery has worked with multiple investment banking groups and have had numerous meetings. One fact has become central to the process, and that is the company is financially insolvent and requires new capital to move forward. Whether that will happen is unclear, but I do hope the brewery and brand will persist.” – Forest Gray, Speakeasy founder and CEO
The remaining fresh inventory of Speakeasy beer has left the brewery and headed to distributors.
Beer Street Journal reached out to Speakeasy for comment, but emails were not immediately returned.
Speakeasy Discreet Wheat Ale is the San Francisco, California based brewery’s first release of 2016.
The American wheat beer release coincides with SF Beer well (January 22-31). The invention of brewer Brandon Nash and girlfriend Pilar Odom, Speakeasy Discreet Wheat Ale topped the brewery’s 2nd Annual Employee Brew-off.
“I designed the recipe to be simple and chose high quality ingredients, letting different flavors speak for themselves. I also wanted to include a unique ingredient. My girlfriend Pilar, who is very knowledgeable about herbs, suggested adding lemongrass to give the brew an extra kick of citrus and grassy flavors.”
Speakeasy Discreet Wheat is a draft only offering.
Style: Wheat Ale
Hops: Calypso, Amarillo, Mosaic
Availability: Draft only
Launch: Late January, 2016
5.7% ABV, 42 IBUs
If you go:
Discreet Wheat Release Party, January 24th, at Speakeasy’s Tap Room in conjunction with SF Beer Week.
Speakeasy Black Hand Chocolate Milk Stout, a collaboration TCHO Chocolate, returns January 9, 2016.
Brad Kintzer, Head Chocolatier at TCHO recommended Speakeasy use a special blend of Ecuadorian cacao nibs, which will give the beer not only rich chocolately favors, but a nutty note too. Black Hand is full of milk chocolate flavors, start to finish.
lack Hand pours a rich dark brown with a milky coffee-colored head. Bittersweet chocolate, vanilla, and roast envelopes the nose, carried by roasted cacao nibs and chocolate malts. The aroma blends effortlessly with soft flavors of dry chocolate and darkly roasted malts. The addition of milk sugar provides a silky smooth body, with a subtle natural sweetness of cream.
In keeping with the brewery’s theme, “Black Hand” refers to a Pre-Prohibition practice where mobsters would stamp the kidnap victims name on a ransom note. Speakeasy Black Hand Chocolate Milk Stout will be available in 22oz bottles and draft.
Speakeasy Syndicate 03 Vintage Ale
Speakeasy Ales & Lagers (San Francisco, CA) will unveil a brewhouse expansion in 2015.
The brewery will be unveiling a new brewhouse in 2015 that will push annual capacity to 90,000 barrels (2.7 million gallons).
In addition, the brewery just hired a new sales director, Katie Wescott.
Currently, Speakeasy is available in 11 states, and 5 countries.
Syndicate No. 02 is a blend of barrel aged imperial stouts, barley wines and strong ales, aged up to two years.
Production is limited to 600 cases of was dipped 22oz bombers. A limited amount will hit distribution.
Speakeasy Ales & Lagers (San Francisco, CA) is celebrating 17 years of craft brewing in June, with a new release a big party.
On Saturday, June 28th Speakeasy will unveil Blind Tiger Imperial IPA, a brand new hoppy offering.
Attendees will receive a collectible anniversary glass with their ticket. A special “Godfather’s Club” ticket is available and provides exclusive access to the Prohibition Era-designed Speakeasy Tap Room, a poster and an elite lineup of beers available only to the Godfather’s Club.