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Teeling Whiskey Company: A Tradition of Family Entrepreneurship and Whiskey Distilling

2015; SAGE Publishing; Volume: 16; Issue: 3 Linguagem: Inglês

10.5367/ijei.2015.0195

2043-6882

Colm O’Gorman, Martina Brophy, Eric Clinton,

Private Equity and Venture Capital

This case study explores the origins of a new high-growth family start-up competing in a traditional industry. Teeling Whiskey Company Ltd (TWC) is the brainchild of entrepreneur Jack Teeling. This new venture stems from another high-profile, family-based business named Cooley Distillery. Jack was Managing Director of Cooley Distillery, the business his father founded in 1987. At Cooley Distillery, he acquired a wealth of professional experience in whiskey distilling and selling. When the distillery was sold to a large US spirits company in 2012, Jack pursued his own entrepreneurial venture in Irish whiskey. A year after the business was founded, Jack was joined by his brother Stephen Teeling, and together they have shaped their idea for a boutique, premium whiskey distiller producing innovative offerings into a fast growing, internationalized business. Jack and Stephen need to build a niche for TWC, as many new distilleries are due to enter the market.