Australian Firm SKJ Capital Acquires Alamo Beer Co., Plans Renovation
Australia-based private equity firm SKJ Capital closed its acquisition of San Antonio’s Alamo Beer Co. in December 2025, marking the brewery’s first ownership change since 1997. The purchase follows a Chapter 11 auction and brings planned renovations, a new CEO with craft-beer experience, and promises to preserve day-to-day brewing and taproom operations.
SKJ Capital completed its purchase of Alamo Beer Co. in December 2025, stepping in after the San Antonio brewery reorganized under Chapter 11 earlier in the year. The deal represents SKJ’s first acquisition in the United States and the first change in control for Alamo Beer since its founding in 1997.
The brewery entered bankruptcy protection in February, listing $9.3 million in assets and $24.8 million in liabilities. Its most valuable asset was the brewing property at 415 Burnet St., valued at $7.3 million. In a bankruptcy-court auction five months later, SKJ made the winning bid of $3.75 million for the company.
SKJ has signaled a continuity-first approach while investing in upgrades. The company plans to modernize brewing operations and revamp the East Side taproom, and operations at the brewery will continue during the transition. SKJ will assume strategic oversight and intends to keep on employees while bringing in Jason Pond as the new CEO; Pond’s resume includes experience at Firestone Walker Brewing Co. and BrewDog. The acquisition also included the Hulu license for the fictional Alamo Beer from the series King of the Hill, a branding asset that could shape future marketing and merch.
Alamo Beer Co. founder Eugene Simor framed the change as an opportunity to expand offerings while maintaining favorites. “Alamo Beer Company will continue producing the beers San Antonians know and love while enabling new seasonal releases,” he said. “We’re excited to enhance the customer experience and begin this next chapter.”
For local drinkers and homebrewers, the acquisition matters in immediate, practical ways. Expect the brewery’s core lineup to remain available while seasonal releases may appear more frequently as SKJ funds capacity upgrades. Taproom renovations could alter event programming and on-site experiences, so verify hours and offerings directly with the brewery before planning a visit. Continued employment at the brewery suggests service continuity for retailers and accounts that rely on Alamo Beer for distribution.
To stay current, verify updates on Alamo Beer Co.’s official channels for announcements about reopening phases, seasonal releases, and taproom events. Visiting the East Side taproom during the renovation window supports staff and provides first-hand insight into how the investment is shaping the local beer scene. The sale closes a difficult chapter for a long-running San Antonio brewer and sets up a period of rebuilding and potential growth that will be closely watched by the community.
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