Ballast Point just announced a major new investment that has us genuinely excited about what’s coming next for this San Diego brewing institution.
The pioneering brewery, approaching its 30th anniversary, has partnered with RMD Group and Cypress Ascendant—two powerhouse San Diego companies that know how to create memorable hospitality experiences.
Local Expertise Meets Brewing Legacy
What makes this partnership particularly compelling is how deeply rooted it is in San Diego. RMD Group has been behind some of Southern California’s most impressive restaurant and nightlife concepts, while Cypress Ascendant brings the financial structure to support major growth.
Both companies have actually been collaborating with Ballast Point behind the scenes for years, so this feels like a natural evolution rather than an outside takeover.
Brendan Watters from Kings & Convicts Brewing Co. put it perfectly when he talked about bringing in “a great local operator” with the relationships and expertise to take Ballast Point to the next level. It’s exactly the kind of local investment that strengthens San Diego’s brewing scene rather than diluting it.
Elevated Experiences on the Horizon
The investment is specifically earmarked for upgrading taproom and restaurant offerings, which means we can expect refreshed physical spaces and new menu offerings that better complement Ballast Point’s acclaimed beers.
RMD Group’s reputation for elevated hospitality paired with Ballast Point’s brewing craftsmanship sounds like a winning combination.
Mike Georgopoulos from RMD Group emphasized their excitement about carrying on Ballast Point’s legacy while creating “great experiences and outstanding beer.” The focus on enhancing the tasting room experience could transform how we experience one of San Diego’s most beloved breweries.
Growth with San Diego Roots
What’s refreshing about this partnership is Ballast Point’s commitment to growing with local investment and expertise. Rather than looking outside San Diego for expansion capital, they’ve chosen partners who understand the local market and have proven track records in creating successful hospitality concepts here.
The synergies between these companies extend beyond just financial investment—Cypress Ascendant’s partner companies could create new opportunities for strategic growth throughout Southern California and beyond.
This new investment positions Ballast Point perfectly for an exciting next chapter in San Diego’s brewing scene.
ℹ️ More details here