Dave Racicot
Lake Barrington, IL (USA)
Role(s):
Founder/Owner/Principal
Thatcher's Organic Liqueur
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Startup
Location:
Barrington
Industry:
Manufacturing
Year Founded:
2008
Number Employees:
1-10 people
Description:
Independent Beverages, LLC is designed to be a holding company, incubator and developer of beverage alcohol brands.
The founder, Dave Racicot, has extensive experience in building, turning around and accelerating the growth of well know brands such as Jim Beam, SKYY vodka.
Independent Beverages, LLC produces, markets and sells Thatcher’s™ Organic Artisan Liqueur
The first organic liqueur offering with multiple unique expressions and focused market penetration
Crafted from working with top bartenders
Satisfies consumers and trade partners desire for higher quality innovative liqueurs
Developed unique co-packing relationship where we own flavor rights but none of the assets
Great reviews for quality, innovation, and taste
Currently available is 12 states (IL, MA, CA, AZ, MI, OH, CT, MA, VT, GA, KY and FL)
Expanding to 5 more states in 2010 (MO, WA, RI, NH, and SC)
Seven expressions launched April 2009 (Pomegranate, Apple Spice Ginger, Cucumber, Elderflower, Blueberry, Tres Chili, Dark Chocolate; three new expressions launching April 2010 (Yumberry, Blood Orange, and Coffeehouse) and have two other expressions on hold with Chipotle and Ginger
Produced and sold over 4,000 cases, realized 58% gross margin