BUSINESS CAPITAL DELIVERS $36MM ACQUISITION/RECAPITALIZATION FINANCING TO NAPA VALLEY VINEYARD AND WINERY
“The opportunity was referred to us by a prominent investment bank who asked for our assistance with their mandate. We have worked with many agriculture, vineyard and winery clients over the years, so we have a deep understanding and really enjoy working in this space. With all of the recent challenges Napa Valley has faced we are especially honored to play a small part in supporting this resilient region and world class destination.” — Chuck Doyle, Managing Director, Business Capital
Business Capital has delivered financing to an award winning winery based in Napa Valley, originally founded in 1872. The Company owns and operates 4 estate vineyards, and recently acquired another iconic family winery to add to its portfolio. In addition to vineyards, our client owns multiple wineries and a collection of agricultural/ranch and hospitality properties, including a world-renowned farm to table destination that hosts over 200,000 visitors annually.
The brand is highly visible and well-known as a pioneer in crafting world class wines with an award winning portfolio that includes a wide range of varietals and wines in the rapidly growing ultra-premium category. The new credit facility will be used for planned growth that includes acquiring additional vineyards, restaurant and lodging expansion, a new production facility and further broadening wine offerings.