Vinum Capital Management, LLC Announces Buena Vista Carneros Winery Acquisition
Vinum played a critical role facilitating the financing and structuring of the transaction over several months leading up to the successful conclusion of an agreement between all of the parties.
“Vinum Capital is very pleased to have collaborated with Jean-Charles Boisset and Boisset Family Estates to bring this transaction to a successful conclusion,” said Stephen Kuhn, CEO of Vinum Capital Management. “We believe that the industry cycle is showing a great combination of rising consumer demand and falling asset values, and that this is a great time for us to invest. We continue to pursue acquisitions and management of premium wineries and the expansion of our sales and marketing business.”
Global Wine Partners (GWP) advised Vinum and Boisset in the transaction. Don Brain, partner at GWP, said, “I believe that this transaction is very positive for all the organizations involved, and that the Buena Vista brand will flourish and continue to be recognized as one of the iconic brands of California.”
The financial terms of the transaction were not disclosed.
About Vinum Capital Management, LLC and VWM
Vinum Capital Management, LLC (VCM) is a control and buyout investor and investment manager focused specifically on the global wine industry. VCM delivers capital, professional management, and sales & marketing through its winery management and sales subsidiaries. VCM invests in the U.S. and in Europe from $5 million to $50 million.
Contact
Stephen Kuhn
CEO
(415) 295-4650 x11
This news is a press release provided by Vinum Capital Management.
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2011년 5월 4일 11:30