Acquiring Company
Scott Schaefer
Acquired Company
The Garage and Hi Hat Lounge
Description
Scott Schaefer, owner of local bars, is finalizing the acquisition of The Garage and Hi Hat Lounge after recent controversies. Both establishments are closed permanently for this transition. The sale facilitates Schaefer's plans to contribute positively to the Brady Street community. The former owners expressed gratitude and aspirations for the bars' future under new management.
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M&A Insights
Based on deal dataFrequently asked
Who acquired The Garage and Hi Hat Lounge?
The Garage and Hi Hat Lounge was acquired by Scott Schaefer, based in Milwaukee. The deal was reported on September 2, 2026. Scott Schaefer is the owner of multiple bar establishments in Milwaukee, including Jack’s American Pub and Milwaukee Brat House. He has a reputation for actively engaging with the local community. Scott Schaefer is privately held and operates in Food and Beverage.
When did Scott Schaefer acquire The Garage and Hi Hat Lounge?
Scott Schaefer's acquisition of The Garage and Hi Hat Lounge was reported on September 2, 2026. Scott Schaefer, owner of local bars, is finalizing the acquisition of The Garage and Hi Hat Lounge after recent controversies. Both establishments are closed permanently for this transition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Garage and Hi Hat Lounge do?
The Garage and Hi Hat Lounge are bar establishments located on Brady Street, known for their nightlife and social atmosphere. They have faced controversy due to a recent incident affecting their reputation. It is privately held, operating in Hospitality, and is based in Milwaukee.
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