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HopCat Sold for $17.5 Million to Uncommon Equity

10/30/2025

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Story summary
  • HopCat, a craft beer bar and restaurant chain based in Grand Rapids, Michigan, has been sold to Uncommon Equity LLC, a Chicago-based investment firm.
  • HopCat emerged from bankruptcy in 2020.
  • HopCat was purchased for $17.5 million.
  • Craig Stage, HopCat's chief executive officer, will continue as CEO.
  • The sale includes Stella’s Lounge.