M&A Deal Summary

Vintage Wine Estates Acquires The Sommelier

On June 22, 2021, Vintage Wine Estates acquired beverage company The Sommelier for 8M USD

Acquisition Highlights
  • This is Vintage Wine Estates’ 6th transaction in the Beverages sector.
  • This is Vintage Wine Estates’ largest (disclosed) transaction.
  • This is Vintage Wine Estates’ 6th transaction in the United States.
  • This is Vintage Wine Estates’ 4th transaction in California.

M&A Deal Summary

Date 2021-06-22
Target The Sommelier
Sector Beverages
Buyer(s) Vintage Wine Estates
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

The Sommelier

Huntington Beach, California, United States
website
The Sommelier is a provider of independent wine and spirits expertise, private tasting events and education. The Sommelier will offer a selection of Vintage Wine Estates wines, including custom labels and etched bottles from Windsor Vineyards. The Sommelier was founded in 2013 and is based in Huntington Beach, California.

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Buyer(S) 1

Buyer

Vintage Wine Estates

Incline Village, Nevada, United States

website


Category Company
Founded 2019
Sector Beverages
Employees586
Revenue 294M USD (2022)
DESCRIPTION

Vintage Wine Estates is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California’s Central Coast, Oregon and Washington State. Since its founding 20 years ago, the Company has become a top 15 U.S. wine producer via organic and acquisitive growth, today selling more than 2 million nine-liter equivalent cases annually. Vintage Wine Estates was incorporated in 2019 and is based in Incline Village, Nevada.


DEAL STATS #
Overall 6 of 9
Sector (Beverages) 6 of 9
Type (Add-on Acquisition) 6 of 9
State (California) 4 of 5
Country (United States) 6 of 9
Year (2021) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-23 Owen Roe

Wapato, Washington, United States

Owen Roe is a fine wine producer in the Pacific Northwest with consistent 90+ point scores and numerous awards and accolades. The winery produces a range of white wines, Oregon Pinot Noir and Washington red wines under the marques Owen Roe and Sharecropper's.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-28 Vinesse

United States

Vinesse is a direct-to-consumer platform company specializing in wine clubs with over 60,000 members. Vinesse has developed a long-time following by offering interesting boutique wines to a broader audience and making wine accessible and easy to love.

Buy -