Another beloved craft beer has found a deep-pocketed backer

A popular Delaware beer with a cult following is taking on a private-equity investor, the latest sign of craft beer’s growing clout in the industry.

The New York private-equity firm LNK Partners is taking a minority position in Dogfish Head Brewery, according to the BeerNet blog. The company and the private-equity firm did not return calls for comment.

Dogfish Head has a dedicated following of beer aficionados in part thanks to its focus on high-quality ingredients. In 2014, the brewery was ranked among the best-selling craft beers in the US. Read the full story here.