Phelps Represents El Guapo in $1.1M Seed Funding
NEW ORLEANS — December 9, 2021 — Phelps advised El Guapo, a New Orleans-based bitters manufacturer and the only dedicated brewer of bitters in the United States, in its $1.1 million seed funding from investors including NO\LA Angel Network and the New Orleans Startup Fund. El Guapo will use the funding to build a 35,000-square-foot manufacturing facility in New Orleans and will help El Guapo expand into more retail outlets and bars.
More information about El Guapo can be found on the company's website here.
The Phelps transaction team was led by New Orleans business partner Will Bishop.