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(SINCE 2015)

OVERVIEW

Spirits Investment Partners (“SIP”) was founded in 2015 by Marc Bushala (Co-founder and CEO of Angel’s Envy) to provide a comprehensive suite of resources for brands including product innovation, branding, package design, procurement, marketing, sales, distribution, compliance and finance.

Over the past 8 years, SIP has earned a reputation as one of the leading alcohol beverage investment groups and for creating and commercializing products that stand out in an increasingly crowded marketplace. But success in the alcohol beverage space requires more than great liquid in a pretty package. Authenticity, a distinctive brand identity, impactful marketing and promotion, effective routes to market, and proper capitalization of the business are all key to the long-term success of a brand.

On the heels of the highly successful sale of Angel’s Envy brand, SIP partnered with legendary musician and cultural icon, Bob Dylan, to create Heaven’s Door Spirits. Heaven’s Door has won a multitude of awards for its portfolio of American Whiskeys, including Bootleg Volume IV ranked as the #2 Bourbon in the $400-500 category. (Robb Report, 2023). In its fifth year in market, Heaven’s Door is available in 42 U.S. markets, 12 European markets, and began selling in product in Asia-Pacific in 2022. In April, 2023, Heaven’s Door announced plans to open its own distillery in Pleasureville, Kentucky, selected for its natural beauty and unique ecosystem enabling the brand to continue to produce exceptional whiskey.

 

In 2020, Playboy Enterprises partnered with “SIP” to create Playboy Spirits. The Company has developed the brand, “Rare Hare” for its portfolio of super - and ultra-premium whiskeys and cognac, “3Hares” - a collection of super-premium tequila, and “PLAY HARD Seltzers” for a line of ready-to-drink (“RTD”) hard seltzers, hard teas, and craft cocktails. To further achieve exceptional limited releases, Playboy Spirits intends to build strategic partnerships to acquire rare stocks sourced from around the globe.

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PROCUREMENT AND
SUPPLY CHAIN MANAGEMENT

Through decades of experience in the alcohol beverage space, SIP has developed strategic relationships across the entire supply chain from grain to glass, giving us access to the most appropriate and reliable producers, helping to reduce COGS and enhance margins.

We work closely with the best distillers in the country, big and small, purchasing aged whiskey and new fill distillate. With a whiskey inventory portfolio in excess of $100 million, we can leverage our production volume for the most comprehensive pricing as well as continuity of supply that allows for scalability in a constrained market.

Our global relationships with the leading flavor houses allow us to be at the forefront of new flavor trends and product development.

SIP works with both domestic and international package producers, allowing us to better manage quality, consistency, pricing, scheduling and coordination of each component of finished goods, including glass, label screening, corks (bottle tops) and outer packaging.

In 2022, SIP opened a 30,000 square foot bottling facility in Memphis, TN, to manage all of our blending and bottling needs and give our portfolio of brands greater control over a production of finished goods, as well as a reduction in COGS. This facility includes a high speed bottling line, blending capabilities and consolidated barrel storage.

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FINANCE & ACCOUNTING

  • M&A Due Diligence Review

  • Financial modeling (pro-forma inputs)

  • Management of monthly financial statements

  • Annual financial statement audits, tax return preparation

  • Lender compliance reporting

  • Development and management of internal control structure

  • HR, payroll, and employee expense reporting compliance

  • Insurance portfolio management

COMPLIANCE

  • Rigid documentation processes for quick TTB approvals

  • New product state filings and price postings

  • Federal importer and wholesaler permits

  • Patent and Trademark searches and filings

  • Flavor Ingredient Data Sheets (FIDS)

  • BOM – Detailed Bill of Materials

  • Food and Drug Administration filings and inspections

  • Kosher & OU certifications

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FUNCTIONS & CAPABILITIES

AWARD-WINNING

PACKAGING

VALUE-ADDED

INVESTMENT CAPITAL

UNIQUE & AUTHENTIC

BRAND DEVELOPMENT

IN-HOUSE

NATIONAL SALES TEAM

TOP-TIER MANAGEMENT

OPERATIONS & SUPPLY CHAIN

EXPERIENCED

CONSUMER & RETAIL MARKETING

BEST-IN-CLASS

PRODUCT INNOVATION

GLOBAL

DISTRIBUTION NETWORK

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DISTRIBUTION NETWORK

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