Cravath, Swaine & Moore LLP Logo
  • Practices
  • People
  • Careers
  • News & Insights
  • Practices
  • People
  • Careers
  • News & Insights
  • Our Story
  • The Cravath System
  • Diversity & Inclusion
  • Pro Bono
  • Alumni Journal
  • 200.Cravath

Cravath’s London Office Moves to 100 Cheapside

Read More

News & Insights

City Brewing Company’s Equity Investment and Business Updates

March 17, 2021

On March 16, 2021, City Brewing Company, LLC (“City”), the leading co‑manufacturer of high‑growth beverages in the U.S., announced a series of business updates, as well as an equity investment after which a consortium of investors including Charlesbank Capital Partners, Oaktree Capital Management, LLC, Blue Ribbon Partners, LLC, and City management will own 100% of City Brewing. As part of this $630 million investment program, City has agreed to acquire the Irwindale brewery operations from Pabst Brewing Company. Once operational, the newly named “Irwindale Brew Yard” will be the largest full‑service, low‑alcohol beverage contract production facility in the western United States. Cravath is representing City Brewing Company in connection with the transaction.

The Cravath team is led by partner Robert I. Townsend III and includes associates Michael Zhang and Eric S. Goodwin on M&A matters; partners George E. Zobitz and Paul H. Zumbro on certain financing‑related matters; partner Stephen L. Gordon and associates Peter W. Rogers and Carlos Nicholas Obando on tax matters; partner Eric W. Hilfers and associates Tiffany B. Wong and Laura S. Lee on executive compensation and benefits matters; and practice area attorney Brian M. Budnick on real estate matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Private Equity
  • Financial Restructuring and Reorganization
  • Banking and Credit
  • Tax
  • Executive Compensation and Benefits
  • Consumer Products and Services

People

Photo
Name
Robert I. Townsend III
Title
Corporate
Title
Partner
Email
rtownsend@cravath.com
Phone
+1-212-474-1964
vCard
Download vCard

    Education

    • J.D., 1990, Harvard Law School
      magna cum laude
    • A.B., 1987, Harvard College
      magna cum laude

    Admitted In

    • New York
    Name
    George E. Zobitz
    Title
    Corporate
    Title
    Partner
    Email
    jzobitz@cravath.com
    Phone
    +1-212-474-1996
    vCard
    Download vCard

      Education

      • J.D., 1995, New York University School of Law
        with Honors, cum laude
      • B.A., 1991, Franklin & Marshall College

      Admitted In

      • New York
      Photo
      Name
      Paul H. Zumbro
      Title
      Corporate
      Title
      Partner
      Email
      pzumbro@cravath.com
      Phone
      +1-212-474-1036
      vCard
      Download vCard

        Education

        • J.D., 1997, Columbia Law School
          Harlan Fiske Stone Scholar
        • B.A., 1992, Yale College
          Distinction in Major, cum laude

        Admitted In

        • New York
        Photo
        Name
        Eric W. Hilfers
        Title
        Executive Compensation and Benefits
        Title
        Partner
        Email
        ehilfers@cravath.com
        Phone
        +1-212-474-1352
        vCard
        Download vCard

          Education

          • J.D., 1998, University of Chicago Law School
            with Honors
          • A.B., 1995, Princeton University

          Admitted In

          • New York
          Photo
          Name
          Brian M. Budnick
          Title
          Corporate
          Title
          Practice Area Attorney
          Email
          bbudnick@cravath.com
          Phone
          +1-212-474-1914
          vCard
          Download vCard

            Education

            • J.D., 2011, Benjamin N. Cardozo School of Law
              cum laude
            • B.A., 2006, University of Virginia

            Admitted In

            • New York
            Photo
            Name
            Stephen L. Gordon
            Title
            Tax
            Title
            Retired Partner
            Email
            gordon@cravath.com
            Phone
            +1-212-474-9999
            vCard
            Download vCard

              Education

              • J.D., 1981, Harvard Law School
                cum laude
              • A.B., 1978, Cornell University
                cum laude

              Cravath Bicentennial

              Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

              Explore

              Cravath, Swaine & Moore LLP Logo
              • CONTACT US
              • OUR STORY
              • ALUMNI PORTAL
              • DISCLAIMERS & NOTICES

              Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.