Brian Thompson founded the Belgian-inspired brewery in 2006. Thompson said competition from Belgian company Anheuser-Busch InBev’s “crafty beers” and several startups is putting stress on the market.
“So much has changed in the craft beer world since I started Telegraph, back when hazy beers were just called unfiltered and there were fewer than 1,500 brewers nationwide,” Thompson said. “Today, with the number of breweries approaching 6,000, the craft-brewing landscape is radically different.”
“Earlier this year, I began looking for ways to strengthen our legacy, and entering into a transaction with Epic was the right fit, both strategically and culturally,” Thompson said.
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Telegraph Brewing will continue brewing its beer, but the ownership will allow Telegraph to increase its production capacity and offer new packaging options, including several new 12-ounce cans under the Telegraph brand.
Epic will also move seven of its large wooden vessels for aging sour beer from its Denver brewery to Santa Barbara.
“It’s a long-term dream come true” said Dave Cole, co-founder of Epic Brewing, in a statement. “I fell in love with craft beer living in California, and that love didn’t diminish when I moved to Utah despite the beer scene at the time. I feel like I’ve come full circle.”
Cole said his company has been looking for great breweries to purchase for the past 18 months.