According to an article on Brewbound, a majority stake in Deep Ellum Brewing Co. has been purchased by Storied Craft Breweries, a Chicago-based company launched earlier this year that provides craft breweries with operating assistance as well as monetary capital. In addition to providing Deep Ellum with $8 million, the new company will own 56 percent in the Dallas-based brewery when the deal is completed.

Founded in 2011, Deep Ellum brewing has become one of the fastest growing breweries in Texas and is expected to brew an estimated 33,000 barrels of beer this year. The brewery has also started a barrel program and recently installed a 60-barrel brewhouse.