Due North Holdings Acquires Scotty’s Brewhouse & THR3E Wise Men Brewing Co.

In News by Al Mendoza

SCOTTSDALE, AZ — Due North Holdings, LLC, through one of its subsidiaries has acquired Scotty’s Brewhouse, a popular Indianapolis-based restaurant concept that has carved out a niche as an “all ages welcome,” family-friendly sports bar and eatery under the direction of founder, Scott Wise. Known for burgers, American fare, dozens of on-tap craft brews, and awash in TVs, Scotty’s Brewhouse has grown to 17 successful locations in Indiana, Illinois and Florida by making sure each restaurant is a unique reflection of, and connected to, the local community. Scott Wise will remain actively involved in the concept as the company grows the restaurant’s footprint nationally to new markets. ZGrowth Capital Fund co-invested in the deal and will also provide their expertise to not only develop the Midwest region, but also work with Due North Holdings to debut the concept in Arizona and other markets in the Southwestern United States within a year.

“The Scotty’s Brewhouse culture is truly one of a kind,” said Kevin Blackwell, CEO of Due North Holdings. “The brand has been built on Scott’s passion for food, family, sports and community, and it resonates with families everywhere. Every community needs a ‘Scotty’s’ in the neighborhood, and we look forward to working with Scott and his team to make that happen.”

“This has been a 20 year dream in the making,” said Scotty Wise, founder of Scotty’s Brewhouse and Thr3e Wise Men Brewing Co. “And to see it all come to reality, as well as, understand the potential for our future with Due North is so humbling and exciting.”

This year marks the 20th anniversary of Scotty’s Brewhouse, a concept that Wise debuted in 1996 at the age of 22. An avid sports fan and family man who is committed to making the world a better place, Wise sees restaurant growth as an opportunity to connect with new communities in meaningful ways.

“Due North Holdings shares our values here at Scotty’s, and that was a big part of the decision for us,” said Wise. “I wanted to know my vision and my team would stay in place as we continued our growth and Due North Holdings is giving us this exact opportunity.”

The Scotty’s Brewhouse menu is large and loaded with more than 100 items to please everyone in the family, including gourmet hand crafted burgers, chicken wings with homemade sauces, craft beer and much more. Each Scotty’s restaurant features more than 60 TVs spread within 6,500 to 7,500 square feet of indoor and outdoor dining with a wide variety of seating options. Scotty’s also launched a craft beer brand called, Thr3e Wise Men Brewing, Co. which currently produces about 9,000 barrels a year and a pizza driven menu out of it’s restaurant locations attached to the brewery. There are significant plans to expand Thr3e Wise Men nationwide as well.

Scotty’s has also established an initiative to focus on hiring those with disabilities. Recently, a new mission was established for their 20 restaurants, 2,000 employees and growing: Wise wants to have 10% of his entire workforce be employed with some kind of mental or physical disability or challenge. Wise’s restaurants work with groups and agencies supporting this cause all over Indiana, Florida, Ohio and Illinois.

About Due North Holdings

Due North Holdings, LLC, based in Scottsdale, Arizona, builds, operates and plans to franchise retail brands across multiple industries. Kevin Blackwell was the founder and former CEO of Kahala Corp, an international franchisor. At the time that Kevin sold his interest, Kahala had 12 brands and over 3,000 locations operating in 26 countries. With numerous domestic and international brand acquisitions in the future, the Due North companies plan to have 1,000 restaurant locations open by the end of 2020. For more information, visit www.duenorthholdings.com.

About ZGrowth Capital Fund

ZGrowth Capital Fund, LP identifies emerging franchise companies with outstanding growth prospects and a strong management team in which to make strategic growth capital investments. The Fund intends to compliment these investments by using its affiliated company, ZGrowth Partners, LLC, (“ZGP”) to operate the franchise sales division of the various portfolio companies. ZGP is a consulting firm specializing in managing the sales and development process of growing brands and is your outsourcing solution to growing your brand to the US and global markets. Our advisors offer our clients more than 100 years of global franchise sales experience, including sales of $100+ million in initial franchise fees and the signing of 1,000+ US franchise agreements and over 200 international Master Franchise Agreements. www.zgrowth.com