Close Brewery Rentals Limited
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Close Brewery Rentals Limited - overview
Established
2007
Location
Hampshire, -, UK
Primary Industry
Business Support Services
About
Close Brewery Rentals Limited, based in the UK, specializes in rental solutions for the beverage industry, focusing on kegs, casks, and related equipment to enhance operational efficiencies for breweries and distilleries. Founded in 2007 in Hampshire, UK, Close Brewery Rentals Limited provides rental solutions for breweries and distilleries. The company has not undergone significant changes in its business strategy or structure. Close Brewery Rentals Limited was previously owned by Close Brothers Ltd and is set to be acquired by MML Capital Partners in July 2025, after which it will be rebranded to ekeg.
There is limited information available on the founder's previous ventures. Close Brewery Rentals Limited specializes in providing tailored solutions for the beverage industry, focusing on kegs, casks, and related equipment. Their core offerings include the innovative EkegPlus system, allowing flexible rental of kegs and casks, only charging clients for containers while they are in use. This approach addresses the industry's needs for cost-effective container management, particularly during fluctuating production levels and seasonal demand.
The company serves a diverse clientele comprising breweries and distilleries across the UK and selected areas in Europe, aiming to enhance operational efficiencies and reduce overhead costs for producers of all sizes. Close Brewery Rentals Limited's revenue model is based on rental agreements through the EkegPlus platform. The company engages in B2B transactions, establishing partnerships that facilitate seamless logistics and container management. Clients, such as breweries, enter agreements for a specified number of kegs, with clear pricing structures based on rental duration and container types.
This arrangement enables clients to optimize cash flow by paying only for what they utilize. Additional services, including equipment maintenance and recovery, further support revenue by helping clients manage their container inventory efficiently while minimizing costs. In July 2025, following the acquisition by MML Capital Partners, Close Brewery Rentals Limited will undergo rebranding to ekeg. This acquisition is expected to accelerate the company's growth and enhance its service offerings across the UK and Ireland.
The company aims to expand its product range and enter new markets, leveraging the resources from their recent acquisition to support these initiatives.
Primary Industry
Business Support Services
Sub Industries
Equipment Rental & Leasing
Website
www.closebreweryrentals.co.uk/
Total Amount Raised
Subscriber access only
Close Brewery Rentals Limited - financials
| Fiscal Year Ended | Jul 31, 2015 | Jul 31, 2016 | Jul 31, 2017 | Jul 31, 2018 | Jul 31, 2019 | Jul 31, 2020 | Jul 31, 2021 | Jul 31, 2022 | Jul 31, 2023 | Jul 31, 2024 | Jul 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,537,000 | 14,005,125 | 14,510,163 | 8,483,069 | - | 7,503,134 | 6,706,855 | 5,981,526.516 | - | - | - |
| % Revenue Growth (YoY) | - | (3.7%) | 3.6% | (41.5%) | - | - | (10.6%) | (10.8%) | - | - | - |
| EBITDA (USD) | 8,430,000 | 3,469,741 | 5,104,941 | 3,937,119 | 6,037,850 | 3,424,458 | (1,975,668) | 6,460,291.081 | - | - | - |
| Operating Income (USD) | 5,304,000 | 3,042,950 | 4,668,438 | 3,383,394 | 1,384,583 | (1,174,952) | (2,987,849) | 2,614,836.073 | - | - | - |
| Operating Margin | 36.5% | 21.7% | 32.2% | 39.9% | - | (15.7%) | (44.5%) | 43.7% | - | - | - |
| % EBITDA Margin | 58.0% | 24.8% | 35.2% | 46.4% | - | 45.6% | (29.5%) | 108.0% | - | - | - |
| NET Income (USD) | 3,023,000 | 2,826,071 | 3,971,932 | 3,515,957 | 3,357,159 | 660,831 | (1,676,525) | 3,810,949.751 | - | - | - |
| % Net Margin | 20.8% | 20.2% | 27.4% | 41.4% | - | 8.8% | (25.0%) | 63.7% | - | - | - |
Close Brewery Rentals Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Announced | Close Brewery Rentals Limited | - |
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