IWA is the leading provider of mergers and acquisitions services to the New World wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA provides hands-on corporate finance and transaction strategy services to wine and liquor industry clients worldwide.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA's services include mergers and acquisitions advisory, corporate finance, strategic planning, and vineyard brokerage. They have recently represented companies like Silverado Hill Winery, Mayacamas Vineyards, and Edna Valley Vineyard in sale transactions.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA's services include mergers and acquisitions advisory, corporate finance, strategic planning, and vineyard brokerage. They have recently represented companies like Silverado Hill Winery, Mayacamas Vineyards, and Edna Valley Vineyard in major transactions.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. Recently, IWA represented Silverado Hill Winery in its sale to Laird Family Estates, represented Mayacamas Vineyards in its sale to a private investor group, and represented Resonance Vineyard in its sale to Louis Jadot.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA has 30 years of experience in M&A transactions and corporate development for wine and liquor clients worldwide.
IWA is the leading provider of mergers and acquisitions services to the New World wine and liquor industry. Over the last 20 years IWA has represented or sold companies and brands with a combined value of over US$1 billion. IWA has extensive experience advising and representing both buyers and sellers in M&A transactions in the wine and liquor industry globally.
James Moll has over 18 years of experience in wine management positions including corporate buying, wholesale distribution, importation, and retail sales. He was recruited to his current role at Glazer's Wholesale to facilitate relationships and grow sales with Costco Wholesale, one of the largest wine purchasers. Prior to that he owned a wine merchant shop in Dallas, managed wine portfolios for an importer, and was a corporate fine wine buyer for a large retail chain where he increased the fine wine budget to $50 million annually. He has extensive experience in relationship building, negotiations, presentations, and growing sales.
The document summarizes the 2003 annual shareholders meeting of Robert Mondavi Company. It discusses Mondavi's vision and history, competitive strategies, brand portfolio, financial report, and future outlook. Key points included global partnerships, innovations in grape growing and winemaking, diversifying the brand portfolio, and goals to improve operating efficiencies and returns.
You & Yours Distilling Co. was founded in San Diego, California by Laura Johnson and Luke Mahoney to bring people together through elevated drinking experiences. Their vision is to lead the craft liquor industry through high quality products and exceptional customer service. They have developed two flagship products - Session Vodka and Soirée Gin - and plan to expand their brand through additional products, a tasting room, and distribution to accounts in San Diego, Los Angeles, and Dallas.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA's services include mergers and acquisitions advisory, corporate finance, strategic planning, and vineyard brokerage. They have recently represented companies like Silverado Hill Winery, Mayacamas Vineyards, and Edna Valley Vineyard in sale transactions.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA's services include mergers and acquisitions advisory, corporate finance, strategic planning, and vineyard brokerage. They have recently represented companies like Silverado Hill Winery, Mayacamas Vineyards, and Edna Valley Vineyard in major transactions.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. Recently, IWA represented Silverado Hill Winery in its sale to Laird Family Estates, represented Mayacamas Vineyards in its sale to a private investor group, and represented Resonance Vineyard in its sale to Louis Jadot.
IWA is a leading provider of mergers and acquisitions services to the wine and liquor industry. Over the last 20 years, IWA has represented or sold companies and brands with a combined value of over $1 billion. IWA has 30 years of experience in M&A transactions and corporate development for wine and liquor clients worldwide.
IWA is the leading provider of mergers and acquisitions services to the New World wine and liquor industry. Over the last 20 years IWA has represented or sold companies and brands with a combined value of over US$1 billion. IWA has extensive experience advising and representing both buyers and sellers in M&A transactions in the wine and liquor industry globally.
James Moll has over 18 years of experience in wine management positions including corporate buying, wholesale distribution, importation, and retail sales. He was recruited to his current role at Glazer's Wholesale to facilitate relationships and grow sales with Costco Wholesale, one of the largest wine purchasers. Prior to that he owned a wine merchant shop in Dallas, managed wine portfolios for an importer, and was a corporate fine wine buyer for a large retail chain where he increased the fine wine budget to $50 million annually. He has extensive experience in relationship building, negotiations, presentations, and growing sales.
The document summarizes the 2003 annual shareholders meeting of Robert Mondavi Company. It discusses Mondavi's vision and history, competitive strategies, brand portfolio, financial report, and future outlook. Key points included global partnerships, innovations in grape growing and winemaking, diversifying the brand portfolio, and goals to improve operating efficiencies and returns.
You & Yours Distilling Co. was founded in San Diego, California by Laura Johnson and Luke Mahoney to bring people together through elevated drinking experiences. Their vision is to lead the craft liquor industry through high quality products and exceptional customer service. They have developed two flagship products - Session Vodka and Soirée Gin - and plan to expand their brand through additional products, a tasting room, and distribution to accounts in San Diego, Los Angeles, and Dallas.
David was born and educated in England before immigrating to Canada and the United States. He spent 25 years in senior management for cosmetics companies. His second career led him to own several businesses, including restaurants and a mail order company. He is an expert in real estate investing and authored books. Currently, he is CEO of a marketing company and launched a national senior housing development. His passions include travel, gardening, and supporting charities.
Barbara D'Amato is a senior global executive and CEO of Trilogy Brands Group. She specializes in consumer, retail, hospitality, entertainment and technology with a focus on growth and brand expansion. She has extensive experience in global partnerships, business strategy, brand management and cross-border transactions. She has worked with dozens of iconic and leading global brands and has lived and worked in Europe, the Middle East, Asia, Africa and Latin America.
The document provides an overview of the global wine industry, distinguishing between "Old World" European producers and "New World" producers like those in North America. It then analyzes Robert Mondavi's company specifically. Mondavi focused on differentiation through quality, relationships, and innovation. He owned vineyards globally and developed strong relationships with independent grape growers. Mondavi entered many market segments through his 16 brands in order to leverage economies of scale, though some entries like a declining segment were mistakes. Distribution and marketing presented challenges that Mondavi did not always handle optimally.
Douglas Reckamp is a sales manager for the largest adult beverage distributor in Missouri, representing Diageo and Moet-Hennessy. He manages a team of four sales representatives serving close to 100 accounts. Reckamp has over 15 years of experience in the beverage alcohol industry, previously working as a sales representative and merchandiser. He is highly motivated and focused on developing his team while growing sales volume and profitability.
Valdo is a family-owned winery located in Valdobbiadene, Italy that has been producing Prosecco and other Italian wines since 1926. The document provides an overview of a public relations proposal from the agency Cuvée & Co. to promote the Valdo brand in the US market. The proposal highlights Valdo's family history, focus on quality and terroir, and passion for Prosecco as strengths to leverage. It identifies trends favoring the Prosecco category and outlines goals, target audiences, pitching strategies and sample press materials to increase Valdo's profile and sales amongst American wine consumers.
Barone Ricasoli is the oldest winery in Italy, located in Chianti Classico region. It produces 13 wines, 5 special products, grappa, and olive oil. Currently 80% of production is exported to 18 Italian regions and 60 countries. The winery faces high competition and substitution threats due to the saturated Chianti Classico region and wide variety of alcoholic and non-alcoholic drinks. The proposal recommends increasing sales 5% through participating in a US wine event, hosting a winemaker's dinner with proceeds to charity, and an Instagram campaign using #EscapeWithBrolio and #WineWednesday hashtags.
This document outlines the capital investment and financial plan for starting a winery over a 5 year period. It will require over €1.5 million in capital for buildings, equipment, and operations. Production and sales are projected to gradually increase each year, but losses will be incurred for the first 8-9 years as production lags capacity. The breakeven point is estimated to be in the 9th or 10th year of operation. Alternative business models are discussed to help reduce startup costs and speed up profitability.
Bodega Lagarde aims to expand its US market presence over the next 5-10 years. Currently, it imports around 21,000 cases annually into the US. The summary proposes a three-phase strategy to increase US sales and brand awareness through distribution expansion, e-commerce exposure, and heightened brand awareness. Phase I focuses on social media in South America and qualified prospecting. Phase II establishes a US social media presence and applies to additional e-commerce distributors. Phase III combines social media and US event partnerships with a dedicated US distribution manager.
Valuation Trends and Investment Opportunities in the Cannabis IndustryExpert Webcast
MAJOR TOPICS:
Licensed medical use v. recreational use
Overview of State and Federal regulatory environment
Financing cannabis businesses – equity v. debt
Types of investors
Business valuation metrics
Most active market segments
Taxation of cannabis businesses
Industry banking solutions
Real estate infrastructure – medical-use cannabis cultivation and processing
Cannabis M&A
Forecasts under the Trump administration
MAJOR TOPICS:
Overview of distressed deal environment
Volume
Type and quality
Size
Industry
Geography
PE v. lenders v. strategic
Recent relevant bankruptcy rulings and impact on deal structures
Strategies to win and close deals
Financing availability
Operational restructuring and corporate improvement
Case studies
Future outlook
This document provides information about Origami, a branding and packaging design firm. It highlights some of their services which include positioning strategy, brand strategy, naming strategy, identity design, packaging design, and web design. It also shares positive client testimonials praising Origami's work and ability to generate results. Brief case studies are presented showing how Origami helped increase annual production, pre-sell future production, strengthen brands, and position clients to extend product lines through original label designs that set them apart from competitors.
This document provides an overview of the 2015 Power 100 report, which ranks the world's most powerful spirits and wine brands. Some key points:
- Johnnie Walker retains the #1 spot, though its score declined 11% due to less conspicuous consumption in China. Smirnoff vodka remains #2.
- Bacardi, Jack Daniel's, Hennessy, Captain Morgan, and Absolut Vodka round out the top 10 brands. Captain Morgan and Absolut saw increases.
- Whisky continues to dominate as the most powerful spirit sector. Bourbon growth may threaten Scotch's market share.
- Beam Suntory's merger propelled it to the #
Yao Family Wines produces three tiers of wines from Napa Valley vineyards under long term contracts. Founded by retired NBA star Yao Ming and winemaker Tom Hinde, YFW has achieved sales of $8 million in 39 months by targeting the growing Chinese wine market where imported wine is a status symbol. The presentation outlines YFW's plans to leverage Yao Ming's celebrity to develop direct-to-consumer platforms in China and the US and build a portfolio of luxury wine brands to sell to those consumers.
If you re-tweet a post from a retailer or restaurant, is that considered a “thing of value” by alcohol regulators? Can you promote winemaker dinners on Facebook? What about event promotion?
Let’s be honest: compliance in the wine industry is enough to drive you to drink. In addition to the joys of staying compliant in the making and selling of your wine, you need to be mindful with how you market your wine. A misstep here can be costly... not to mention outright annoying. Join us for an overview of consumer marketing compliance and learn some dos and don’ts in today’s fast-paced digital and consumer world, including real-world examples. To inject some fun into what could be a snooze of a topic, come with your game face on as we’ll be providing real-world takeaways in an interactive format.
Jeff Giametta will provide a legal framework and Kathryn Quinn will provide real-world industry context and examples. While this seminar should not be construed as providing legal advice, we’ll arm you with the information you need to audit your winery’s consumer marketing compliance and assess legal compliance risk.
Stephen Cruty has over 25 years of experience in brand management and marketing for spirits and wine companies. He has held positions at Hazlitt 1852 Vineyards, Remy Cointreau USA, and Tyson Foods, where he helped grow various brands and increase sales. Currently, Cruty works as an independent beverage consultant, advising spirit companies on brand strategy, marketing, and product development.
Sweet Cheeks Winery is a small, family-owned winery located in Oregon that is known for its award-winning wines and hospitality. It currently distributes to 34 states but sees opportunities for expansion. While it has many loyal customers and strong community relationships, it has relatively low social media presence and brand awareness among younger consumers. Its marketing plan aims to increase revenue 25% by expanding distribution, boosting social media following, and growing restaurant partnerships.
Wine Business Solutions provides business performance improvement solutions to the wine industry focused on strategy, finance, marketing, and growth management. It runs workshops, conducts proprietary research, and builds global business intelligence to support high-quality consulting. With a network of specialists, Wine Business Solutions helps wine businesses find solutions to any management issues through services like strategic planning, business intelligence, financial analysis, sales and marketing enhancement, and leadership development.
This document provides an overview of the ONEHOPE brand, which is a cause marketing wine brand. It discusses ONEHOPE's mission to donate 50% of profits to various causes to raise awareness and funds. The summary also outlines ONEHOPE's target consumer as socially conscious individuals and provides financial details about planned fundraising milestones and targets.
The document summarizes several Australian wineries that have diversified their businesses beyond wine production. It provides examples of wineries that have started making cider, gin, beer, coffee and food to utilize their facilities and leverage their brand recognition. It discusses how these diversification efforts help provide new revenue streams, build destination brands, and capitalize on consumers' growing interest in products beyond just wine. The investments allow the wineries to look toward long term sustainability and profitability.
The Silicon Valley Bank 2014 State of the Wine Industry Report identifies trends and addresses current issues facing the U.S. wine industry, offering data and observations that help that wineries can use to develop their business strategies.
Silicon Valley Bank's wine report is based on its in-house expertise as one of the largest bankers to the West Coast wine industry for nearly 20 years, a proprietary database of more than a decade of winery financials, ongoing research, and an annual survey of 450 West Coast wineries.
David was born and educated in England before immigrating to Canada and the United States. He spent 25 years in senior management for cosmetics companies. His second career led him to own several businesses, including restaurants and a mail order company. He is an expert in real estate investing and authored books. Currently, he is CEO of a marketing company and launched a national senior housing development. His passions include travel, gardening, and supporting charities.
Barbara D'Amato is a senior global executive and CEO of Trilogy Brands Group. She specializes in consumer, retail, hospitality, entertainment and technology with a focus on growth and brand expansion. She has extensive experience in global partnerships, business strategy, brand management and cross-border transactions. She has worked with dozens of iconic and leading global brands and has lived and worked in Europe, the Middle East, Asia, Africa and Latin America.
The document provides an overview of the global wine industry, distinguishing between "Old World" European producers and "New World" producers like those in North America. It then analyzes Robert Mondavi's company specifically. Mondavi focused on differentiation through quality, relationships, and innovation. He owned vineyards globally and developed strong relationships with independent grape growers. Mondavi entered many market segments through his 16 brands in order to leverage economies of scale, though some entries like a declining segment were mistakes. Distribution and marketing presented challenges that Mondavi did not always handle optimally.
Douglas Reckamp is a sales manager for the largest adult beverage distributor in Missouri, representing Diageo and Moet-Hennessy. He manages a team of four sales representatives serving close to 100 accounts. Reckamp has over 15 years of experience in the beverage alcohol industry, previously working as a sales representative and merchandiser. He is highly motivated and focused on developing his team while growing sales volume and profitability.
Valdo is a family-owned winery located in Valdobbiadene, Italy that has been producing Prosecco and other Italian wines since 1926. The document provides an overview of a public relations proposal from the agency Cuvée & Co. to promote the Valdo brand in the US market. The proposal highlights Valdo's family history, focus on quality and terroir, and passion for Prosecco as strengths to leverage. It identifies trends favoring the Prosecco category and outlines goals, target audiences, pitching strategies and sample press materials to increase Valdo's profile and sales amongst American wine consumers.
Barone Ricasoli is the oldest winery in Italy, located in Chianti Classico region. It produces 13 wines, 5 special products, grappa, and olive oil. Currently 80% of production is exported to 18 Italian regions and 60 countries. The winery faces high competition and substitution threats due to the saturated Chianti Classico region and wide variety of alcoholic and non-alcoholic drinks. The proposal recommends increasing sales 5% through participating in a US wine event, hosting a winemaker's dinner with proceeds to charity, and an Instagram campaign using #EscapeWithBrolio and #WineWednesday hashtags.
This document outlines the capital investment and financial plan for starting a winery over a 5 year period. It will require over €1.5 million in capital for buildings, equipment, and operations. Production and sales are projected to gradually increase each year, but losses will be incurred for the first 8-9 years as production lags capacity. The breakeven point is estimated to be in the 9th or 10th year of operation. Alternative business models are discussed to help reduce startup costs and speed up profitability.
Bodega Lagarde aims to expand its US market presence over the next 5-10 years. Currently, it imports around 21,000 cases annually into the US. The summary proposes a three-phase strategy to increase US sales and brand awareness through distribution expansion, e-commerce exposure, and heightened brand awareness. Phase I focuses on social media in South America and qualified prospecting. Phase II establishes a US social media presence and applies to additional e-commerce distributors. Phase III combines social media and US event partnerships with a dedicated US distribution manager.
Valuation Trends and Investment Opportunities in the Cannabis IndustryExpert Webcast
MAJOR TOPICS:
Licensed medical use v. recreational use
Overview of State and Federal regulatory environment
Financing cannabis businesses – equity v. debt
Types of investors
Business valuation metrics
Most active market segments
Taxation of cannabis businesses
Industry banking solutions
Real estate infrastructure – medical-use cannabis cultivation and processing
Cannabis M&A
Forecasts under the Trump administration
MAJOR TOPICS:
Overview of distressed deal environment
Volume
Type and quality
Size
Industry
Geography
PE v. lenders v. strategic
Recent relevant bankruptcy rulings and impact on deal structures
Strategies to win and close deals
Financing availability
Operational restructuring and corporate improvement
Case studies
Future outlook
This document provides information about Origami, a branding and packaging design firm. It highlights some of their services which include positioning strategy, brand strategy, naming strategy, identity design, packaging design, and web design. It also shares positive client testimonials praising Origami's work and ability to generate results. Brief case studies are presented showing how Origami helped increase annual production, pre-sell future production, strengthen brands, and position clients to extend product lines through original label designs that set them apart from competitors.
This document provides an overview of the 2015 Power 100 report, which ranks the world's most powerful spirits and wine brands. Some key points:
- Johnnie Walker retains the #1 spot, though its score declined 11% due to less conspicuous consumption in China. Smirnoff vodka remains #2.
- Bacardi, Jack Daniel's, Hennessy, Captain Morgan, and Absolut Vodka round out the top 10 brands. Captain Morgan and Absolut saw increases.
- Whisky continues to dominate as the most powerful spirit sector. Bourbon growth may threaten Scotch's market share.
- Beam Suntory's merger propelled it to the #
Yao Family Wines produces three tiers of wines from Napa Valley vineyards under long term contracts. Founded by retired NBA star Yao Ming and winemaker Tom Hinde, YFW has achieved sales of $8 million in 39 months by targeting the growing Chinese wine market where imported wine is a status symbol. The presentation outlines YFW's plans to leverage Yao Ming's celebrity to develop direct-to-consumer platforms in China and the US and build a portfolio of luxury wine brands to sell to those consumers.
If you re-tweet a post from a retailer or restaurant, is that considered a “thing of value” by alcohol regulators? Can you promote winemaker dinners on Facebook? What about event promotion?
Let’s be honest: compliance in the wine industry is enough to drive you to drink. In addition to the joys of staying compliant in the making and selling of your wine, you need to be mindful with how you market your wine. A misstep here can be costly... not to mention outright annoying. Join us for an overview of consumer marketing compliance and learn some dos and don’ts in today’s fast-paced digital and consumer world, including real-world examples. To inject some fun into what could be a snooze of a topic, come with your game face on as we’ll be providing real-world takeaways in an interactive format.
Jeff Giametta will provide a legal framework and Kathryn Quinn will provide real-world industry context and examples. While this seminar should not be construed as providing legal advice, we’ll arm you with the information you need to audit your winery’s consumer marketing compliance and assess legal compliance risk.
Stephen Cruty has over 25 years of experience in brand management and marketing for spirits and wine companies. He has held positions at Hazlitt 1852 Vineyards, Remy Cointreau USA, and Tyson Foods, where he helped grow various brands and increase sales. Currently, Cruty works as an independent beverage consultant, advising spirit companies on brand strategy, marketing, and product development.
Sweet Cheeks Winery is a small, family-owned winery located in Oregon that is known for its award-winning wines and hospitality. It currently distributes to 34 states but sees opportunities for expansion. While it has many loyal customers and strong community relationships, it has relatively low social media presence and brand awareness among younger consumers. Its marketing plan aims to increase revenue 25% by expanding distribution, boosting social media following, and growing restaurant partnerships.
Wine Business Solutions provides business performance improvement solutions to the wine industry focused on strategy, finance, marketing, and growth management. It runs workshops, conducts proprietary research, and builds global business intelligence to support high-quality consulting. With a network of specialists, Wine Business Solutions helps wine businesses find solutions to any management issues through services like strategic planning, business intelligence, financial analysis, sales and marketing enhancement, and leadership development.
This document provides an overview of the ONEHOPE brand, which is a cause marketing wine brand. It discusses ONEHOPE's mission to donate 50% of profits to various causes to raise awareness and funds. The summary also outlines ONEHOPE's target consumer as socially conscious individuals and provides financial details about planned fundraising milestones and targets.
The document summarizes several Australian wineries that have diversified their businesses beyond wine production. It provides examples of wineries that have started making cider, gin, beer, coffee and food to utilize their facilities and leverage their brand recognition. It discusses how these diversification efforts help provide new revenue streams, build destination brands, and capitalize on consumers' growing interest in products beyond just wine. The investments allow the wineries to look toward long term sustainability and profitability.
The Silicon Valley Bank 2014 State of the Wine Industry Report identifies trends and addresses current issues facing the U.S. wine industry, offering data and observations that help that wineries can use to develop their business strategies.
Silicon Valley Bank's wine report is based on its in-house expertise as one of the largest bankers to the West Coast wine industry for nearly 20 years, a proprietary database of more than a decade of winery financials, ongoing research, and an annual survey of 450 West Coast wineries.
David Gianulias was born and raised in Newport Beach and is a third generation homebuilder. In 1996, he joined G Companies homebuilding division and created Silver Oaks Communities.
Tips from the round table on "New trends in wine consumption in the US marketplace", with the contribution of Cyril Penn, journalist at The Wine Business; Deborah Parker Wong, DWSET; and Liza B. Zimmerman, principal of Liza the Wine Chick, a freelance writing and consulting business.
They were in the 10th World Bulk Wine Exhibition talking about the US Wine market, trends and consumption habits.
Alsibaie Hatem Research
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LAUREATE
EDUCATION INC
40 I '""'"""'""h;p -...-.:-..----· -+------------~------··--·---- - ·------- ---·--···· ----------------------------------------------··-------------------
ENTREPRENEURIAL INTENTIONS AND
CORPORATE ENTREPRENEURSHIP
1
To introduce the importance of perception of feasibility and desirability in explaining
entrepreneurial intentions.
2
To understand the role of individuals' background characteristics in explaining
entrepreneurial intentions.
3
To demonstrate that management can influence the intentions of those within
established organizations.
4
To discuss how established firms can develop an entrepreneurial culture.
5
To provide a scale for capturing the extent to which management adopts
entrepreneurial or traditional behaviors.
I
Entrepreneurship, Eighth Edition I 41
----------·--~-- ----~------··-·------------ ---- -----· -----·----- --- --·-----------·-·----~---
OPENING PROFILE
ROBERT MONDAVI
Robert G. Mondavi, the son of poor Italian immigrants, began making wine in California
in 1943 when his family purchased the Charles Krug Winery in Napa Valley, where he
served as a general manager. In 1966, at the age of 54, after a severe dispute over con-
trol of the family-owned winery, Robert Mondavi used his personal savings and loans
from friends to start the flagship Robert Mondavi Winery
in Napa Valley with his eldest son, Michael Mondavi.
Robert's vision was to create wines in California that could
successfully compete with the greatest wines of the world.
As a result. Robert Mondavi Winery became the first in California to produce and mar-
ket premium wines that were expected to compete with premium wines from France,
Spain, Italy, and Germany.
To achieve this objective Robert believed that he needed to build a Robert Mondavi
brand in the premium wine market segment. This resulted in the initial production of
a limited quantity of premium wi.
1. Scion Advisors helps wine businesses build financially viable companies more quickly by developing strategic plans focused on growth, succession, and preparing businesses for potential sale.
2. They take a proven approach using seasoned consultants with experience in the wine industry and other sectors to address challenges like shifting consumption, competition, and costs.
3. Scion has helped over 100 companies achieve outcomes like 50% growth in profits through repositioning brands and channels, and 20% annual growth in EBITDA by restructuring as separate focused brands.
5.25.2017 Getting Your Company Ready for SaleExpert Webcast
Moderator: Alexander B. Kasdan, Senior Managing Director, DelMorgan & Co.
Panel:
• C. Craig Lilly, Partner, Baker & McKenzie LLP
• Thomas N. Mahoney, CFA, CAIA, Private Wealth Advisor, Senior Portfolio Manager, UBS Private Wealth Management
• Greg Reber, Founder and CEO, AsTech Consulting
• Michael L. Evans, Northern California Managing Director, Newport Board Group LLC
MAJOR TOPICS:
• Corporate law imperatives
• Identifying high-risk areas pre-sale
• Avoiding contingent considerations post-sale
• Understanding seller motives and goals
• “Institutionalizing” the business
• Assembling the deal team
• Valuation Issues
• Sale process overview
• Potential transaction structures
• Understanding and managing cyber and technology risks
• Due diligence
• Wealth and estate planning for selling shareholders
Paul Wyne is a Senior Vice President at Coldwell Banker Commercial Alliance specializing in the acquisition and disposition of retail properties. He has nearly 20 years of experience in commercial real estate, including sourcing acquisition opportunities, leasing, property valuation, and deal structuring. Mr. Wyne previously worked as a tenant representative and investment advisor, where he was involved in site selection and opening over 200 retail locations totaling over $1 billion in property sales and leasing. He studied Business Management at California State University-Fullerton.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Seminar: Gender Board Diversity through Ownership Networks
IWA Company Profile
1. IWA
IWA is the leading provider of mergers & acquisitions services to the
New World wine & liquor industry. Over the last 20 years IWA has either
represented or sold the companies & brands below for a combined value
of over US$1billion in transactions closed.
Silverado Hill Winery
R ESONANCE
VINEYARD
P.O. Box 1330,625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
www.intlwine.com
2. I NTERNATIONAL W INE A SSOCIATES
MERGERS & ACQUISITIONS–GLOBAL WINE ADVISORS–CORPORATE FINANCE–PLANNING–VINEYARD BROKERS
P OST O FFICE B OX 1330, 625 H EALDSBURG A VENUE
HEALDSBURG, CALIFORNIA 95448, U.S.A
Robert M. Nicholson
Josh Grace
Sally Nicholson, Broker
Telephone: (707) 433-8122
Facsimile: (707) 433-7519
E-Mail : IWA@intlwine.com
http://www.intlwine.com
Company Profile: incorporated in 1990 and headquartered in the California wine country, INTERNATIONAL
WINE ASSOCIATES is the leading provider of mergers and acquisition and corporate development services to
the New World wine and liquor industry. IWA provides hands-on corporate finance and transaction strategy
services to the leaders of wine and liquor industry clients on a worldwide basis. Over the years IWA has been
retained by many family owned wineries, most of the multinational companies and the leading banks to
improve their business. IWA has initiated, advised on and structured sales of over 20 transactions in the last
five years that have included various prominent wine and liquor industry businesses in the U.S. and overseas
with a combined value of over $1 billion since 1990. IWA is committed to providing strategic solutions and
delivering results on complicated transactions for clients. Our integrated approach combines advisory expertise
with in-depth industry knowledge and independently recognized excellence in research.
Industry Experience: IWA works with wine and liquor industry clients in the Americas, Australasia, South
Africa and Europe. IWA offers a team of experienced business and financial managers and has served
companies of all sizes in the industry. Robert Nicholson is the Principal of IWA. He has held senior positions in
U.S. and international companies and has over thirty years of corporate management and mergers and
acquisition experience. Before establishing IWA, Mr. Nicholson was Vice President of Christian Brothers in
California. He also held positions with Seagrams in the U.S.A. and overseas and with Louis Eschenauer in
France. Mr. Nicholson is an active industry commentator at industry conferences and has long-standing
relationships with company principals and senior management and the banking community.
Mergers and Acquisitions, Corporate Finance and Strategic Advisory Services: IWA has initiated and
structured numerous transactions in the industry with a total value of over $ 1 billion that have included the sale
of companies and brands. IWA is retained as exclusive financial advisors, provides valuations and due
diligence services, represents principals in the sale and acquisition of companies and brands and completes
analysis of investments for clients. IWA has a network throughout the world in the wine and liquor industry and
financial community.
Real Estate Services: in addition to buying and selling companies in the industry, in the last few years IWA
has completed numerous vineyard and winery real estate transactions valued at over $350 million that have
included the sale of a number of prestigious estates.
Strategic Planning & General Management: IWA works with clients as strategic and tactical advisors to the
Chief Executive and to the board of directors on the start-up and management of new wine projects, the
structuring of joint-ventures, technical and operational issues, on the development of strategic and financial
plans and on restructuring companies.
Marketing and Distribution: IWA works with companies in the preparation and management of business
plans. IWA has developed and repositioned wine brands for sale in the U.S. and overseas and has distribution
experience in most major wine markets of the world. IWA advises on the development of the U.S. for overseas
wine companies who are new to the market. IWA locates distribution and joint venture partners and negotiates
and structures agreements.
WWW.INTLWINE.COM
3. International Wine Associates
MERGERS & ACQUISITIONS–GLOBAL WINE ADVISORS–CORPORATE FINANCE–PLANNING–VINEYARD BROKERS
Post Office Box 1330, 625 Healdsburg Avenue
HEALDSBURG, CALIFORNIA 95448, U.S.A.
TELEPHONE : 707/433-8122
ROBERT M. NICHOLSON
FACSIMILE : 707/433-7519
JOSH GRACE
e-mail: iwa@intlwine.com
SALLY O’NEILL NICHOLSON, BROKER
http://www.intlwine.com
Incorporated in 1990 IWA has completed transactions valued at over US$ 1 billion and is the leader in wine industry
mergers and acquisitions, with the sale of over 20 businesses, wineries and vineyards closed since 2008. IWA provides a
team of experienced wine business professionals who work with clients on all aspects of the transaction process from
valuations, preparation of offering documents, selection of and approach to targets, managing due diligence and
representing clients in negotiations through to the close of transactions.
Robert Nicholson is a Principal of IWA and a leader in wine industry mergers & acquisitions and has completed over
US$ 1 billion in transactions.
Before establishing IWA in 1990 Robert was Vice President of Christian Brothers in California and held positions with
Seagrams in New York and with Louis Eschenauer in Bordeaux (when the company owned Chateau Rauzan Segla,
Chateau Smith Haut Lafitte and Chateau Olivier, among other leading estates). At IWA Robert has completed numerous
transactions and has worked with many family owned wineries, most of the major multinational companies and a number
of banks, including Lancaster Estate, Laurel Glen, Sonoma-Cutrer, Edna Valley Vineyard, Bonny Doon, Diageo,
Constellation, Grupo Codorniu, Moet-Hennessy, Brown-Forman, Jim Beam, Gruppo Campari, Heublein, Chalone,
Fosters, Southcorp, Mildara Blass, Masi, Wells Fargo, European Bank, Banco Banesto, Yalumba, Davis Bynum, Buena
Vista, Cline Cellars, Havens, Gary Farrell, Geyser Peak Winery, Chateau Potelle, Charles Krug, Hogue Cellars, Pacific
Rim Winemakers, Columbia, Covey Run, Ste. Chapelle, Errazuriz, Wild Horse, Sausal, Hangar One Vodka, and many
others.
Robert was educated in England at Millfield and studied oenology at the University of Bordeaux under Professor Emile
Peynaud. Robert is an active industry commentator at U.S. and international conferences and speaks fluent French.
Josh Grace is a Managing Director at IWA and has over fifteen years of financial management, valuation, accounting,
mergers and acquisition and corporate advisory experience, with a specialization in the wine and liquor industry.
Before joining IWA in 2002, Josh was a Financial Manager at Robert Mondavi where he worked on California vineyard
acquisitions and on financial management of the company’s flagship Napa Valley winery. At IWA Josh has worked on a
number of prominent wine industry transactions with a combined value of over $700 million with the following companies
among others, Diageo, Constellation, Brown-Forman, Campari, Fosters, Lancaster Estate, Sausal, Bonny Doon, Wild
Horse, Havens, Davis Bynum, Chateau Potelle, Cline Cellars, and Wells Fargo that have included the sale of various
businesses including Edna Valley Vineyard, Pacific Rim, Hangar One Vodka, Big House, Red Tuck and many others.
Josh graduated from California Polytechnic State University, San Luis Obispo, California with a BSc degree in Business
Administration with a concentration in Accounting.
Sally Nicholson is a Principal of IWA and a Licensed Real Estate Broker specializing in the sale and acquisition of winery
and vineyard properties. Under Sally’s Real Estate License, IWA has completed wine industry real estate transactions
valued at over $350 million since 2006 including the sale of : Lancaster Estate, Sausal Vineyard, Codorniu’s Ridgeline
Vineyard, Brown-Forman’s Paso Robles vineyard, a Monterey vineyard, Constellation’s winery and vineyard assets
(Geyser Peak, Buena Vista, Gary Farrell, Covey Run in Washington and Ste. Chapelle in Idaho), Chateau Potelle Mount
Veeder winery and vineyards, Havens Napa Valley winery, Silverado Hill Winery, Koves-Newlan Oak Knoll winery and
vineyard, San Mateo Ranch vineyard in Rutherford, Davis Bynum winery and vineyard assets in Russian River, Demuth
winery and vineyards in Mendocino and others. Sally has broad professional experience in Australasia, Europe and the
United States with a comprehensive knowledge of winery and vineyard business valuations and transactions.
Sally has twenty five years of international experience in brand development and marketing of luxury goods and held a
number of senior management positions with direct report responsibility to Calvin Klein and Ralph Lauren and was a
Design Consultant in the development of the Dockers Division at Levi Strauss.
Sally graduated with a BSc degree in Design from University of California, Davis.
WWW.INTLWINE.COM
4. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
Terlato Wines, Chicago, Illinois
Sell-Side Advisory
IWA served as advisors to Terlato Wines and initiated the sale of Alderbrook
Winery, Sonoma County, (excluding the brand) to a private investor. Terlato
Wines is a leading importer and marketer of luxury wines in the United States.
2013
Resonance Vineyard, Oregon
Sell-Side Advisory
IWA represented Resonance Vineyard as exclusive advisors in the sale to Louis
Jadot. Resonance Vineyard is located in the Yamhill-Carlton AVA and is one of
Oregon’s most highly rated Pinot Noir vineyards. Louis Jadot is one of
Burgundy’s leading wine producers. 2013
Mayacamas Vineyards, Napa Valley, California
Sold to a
Sale of
Alderbrook Winery
Healdsburg, California
December, 2013
Sold to a
Acquired
R ESONANCE
VINEYARD
Oregon
August, 2013
Sell-Side Advisory
IWA represented Mayacamas Vineyards as exclusive advisors in the sale to a
private investor group. Mayacamas is a historic producer of Napa Valley
Cabernet Sauvignon and was a highly rated participant in the famous 1976
“Judgment of Paris Tasting”. 2013
Sold to a
Private Investor Group
April, 2013
Silverado Hill Winery
Silverado Hill Winery, Napa Valley, California
Sell-Side Advisory
IWA represented Silverado Hill Winery, located in the Napa Valley, in the sale to the
Laird Family Estate. Silverado Hill Winery was owned by CalPERS. The Laird
family is one of the largest private vineyard owners in the Napa Valley. 2013
Pine Ridge Vineyards, Napa Valley, California
January, 2013
Sale of a vineyard
Rutherford, California
January, 2013
Sell-Side Advisory
IWA served as exclusive advisors and represented Lancaster Estate and Roth in the
sale to Foley Family Wines. IWA valued the business, negotiated all aspects of the
transaction and managed the due diligence process to the close. Lancaster is a
prestigious Bordeaux estate winery in the Alexander Valley. Foley Family Wines is a
leading producer of California wines. 2012
Sausal Vineyard & Winery, Healdsburg, California
Laird Family
Estate
Sell-Side Advisory
IWA served as the advisors to Pine Ridge Vineyards and initiated the sale of a vineyard
asset in the Rutherford appellation of the Napa Valley. The property was sold to a
private investor. 2013
Lancaster Estate, Healdsburg, California
Sold to the
Sold to
Foley Family Wines
November, 2012
Sell-Side Advisory
IWA represented Sausal Vineyard and Winery in the sale of the property and business
to Silver Oak Cellars. Sausal is one of the Alexander Valley’s oldest Zinfandel boutique
wineries. Silver Oak Cellars is one of California’s best known producers of Cabernet
Sauvignon. 2012
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Sold to
Silver Oak Cellars
August, 2012
www.intlwine.com
5. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
IWA
VINEYARD BROKERS
Selected Transactions & Projects
a U.S. subsidiary of
Grupo Codorniu (Artesa Winery, California), Spain
Sell-Side Advisory
IWA served as exclusive advisors to Artesa, the U.S. subsidiary of Grupo Codorniu in
the valuation and sale of an Alexander Valley vineyard to Duckhorn Vineyards. Grupo
Codorniu is the largest sparkling wine producer in the world. Duckhorn Vineyards is a
leading Napa Valley producer of Merlot. 2012
Moet Hennessy USA (Domaine Chandon), California
June, 2012
Sell-Side Advisory
IWA represented Domaine Chandon and initiated the sale of a Sonoma County vineyard
asset to Sangiacomo Family Vineyards. Domaine Chandon is one of the largest
sparkling wine producers in California. Sangiacomo has been farming in Sonoma
County for over 80 years. 2012
Constellation Brands, New York
Sale of an Alexander Valley
Vineyard to Duckhorn
Sale of a Sonoma County
Vineyard Asset
June, 2012
Sell-Side Advisory
IWA represented Constellation Brands and initiated the sale of the Blackstone Winery
in Kenwood, California to a private wine industry investor. Constellation Brands is
a leading international producer and marketer of beverage alcohol. 2012
Sale of
Blackstone Winery
Kenwood, California
May, 2012
Diageo North America, New York
Sell-Side Advisory
IWA served as exclusive advisors to Diageo and initiated the sale of Edna Valley
Vineyard to E.&J. Gallo Winery. IWA represented Diageo and managed the due
diligence process to a close of the transaction. Edna Valley is one of the largest
producers of Chardonnay and Pinot Noir in California’s Central Coast with annual
sales of 400,000 cases. E. & J. Gallo is the largest privately held winery in the
world. 2011
Laurel Glen Vineyard, Sonoma, California
Sold to
E.&J. Gallo
July, 2011
Sell-Side Advisory
IWA served as the exclusive advisor and completed a sale of Laurel Glen to private
investors. Laurel Glen is one of California’s best known Cabernet estates. 2011
Sold to
Private Investors
March, 2011
Pacific Rim Winemakers, Washington
Sell-Side Advisory
IWA served as exclusive advisors to owner Randall Grahm and initiated the sale of
Pacific Rim Winemakers to the Mariani family, owners of Banfi Vintners. Pacific Rim
is a 200,000 case Riesling producer. Banfi Vintners is a leading U.S. wine importer
and this acquisition was their first investment in the U.S. wine industry. 2010
Hangar One Vodka, California
Valuation & Sale of
the company to Banfi
December, 2010
Sell-Side Advisory
IWA served as the exclusive financial advisors and initiated the sale of the Hangar One
vodka brand and distribution rights to a U.S. subsidiary of Jose Cuervo. Hangar One
is the leading brand of craft distilled vodka in the USA. Jose Cuervo is the world’s
largest producer of tequila. 2010
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Phone: 707/433-8122
Valuation & Sale of
trademark & distribution
rights to Jose Cuervo
April, 2010
www.intlwine.com
www.intlwine.com
6. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
Brown-Forman, Louisville, Kentucky
Sell-Side Advisory
IWA served as the advisors to Brown-Forman and initiated the sale of the Five Rivers
Vineyard in Paso Robles. Five Rivers is a 427 acre estate vineyard that was sold to
Silverado Premium Properties. Silverado is one of California’s largest vineyard
companies. 2010
McManis Family Vineyards, California
Sale of Five Rivers to
Silverado Premium Properties
April, 2010
Strategic Advisory
IWA was originally engaged to evaluate the business. This included a strategic review
and financial analysis of the winery and vineyard business. A number of IWA
recommendations were implemented. 2009 - 2010
Strategic Advisors
2009-2010
Yalumba, Australia
Sell-Side Advisory
IWA acted as exclusive financial advisor to Yalumba, Australia, in initiating and
completing the sale of their San Mateo Ranch vineyard in the Napa Valley to Long
Meadow Ranch. The Rutherford Sauvignon Blanc vineyard sold at a record price
($170,000/acre). 2008
Yalumba
Sold
San Mateo Ranch
Vineyard
to
Long Meadow Ranch
October, 2008
Constellation Brands, New York
$99 Million Sell-Side Advisory
IWA served as advisors to and represented Constellation in their sale of certain California
and Pacific Northwest wine brands and inventory to Ascentia Wine Estates. The assets
included the sale of Geyser Peak, Buena Vista, Gary Farrell, Atlas Peak, XYZin in California;
Columbia Winery and Covey Run in Washington and Ste. Chapelle in Idaho. This
transaction resulted in the creation of a new wine company, Ascentia Wine Estates, with
annual sales of over 1 million cases. Constellation Brands is a leading international
producer and marketer of beverage alcohol. 2008
Valuation & Sale
of certain
California & Pacific
Northwest Wine Brands
& Inventories
June, 2008
a US subsidiary of
Entertainment Properties Trust
Constellation Brands, New York
$110 Million Sell-Side Advisory
IWA served as advisors to and represented Constellation in their sale of various wineries
(Geyser Peak, Buena Vista, Gary Farrell in California and Columbia Winery in Washington)
and 571 acres of vineyard assets to EPR Properties which is a subsidiary of Entertainment
Properties Trust. Constellation Brands is a leading international producer and marketer of
beverage alcohol. 2008
Demuth Winery & Vineyard, Mendocino County
Sell-Side Advisory
IWA acted as exclusive advisor to Demuth in the sale of the winery and vineyard to a
private investor. 2008
EPR Properties
has acquired various
wineries and 571 acres
of vineyard assets from
June, 2008
Demuth Winery
& Vineyard
Sold to
Private Investors
January, 2008
Davis Bynum Winery, Healdsburg, California
Sell-Side Advisory
IWA served as the exclusive strategic advisor to Davis Bynum and initiated the sale
of their brand to Klein Family Vintners in August, 2007. IWA also served as advisor and
initiated the sale of the winery and vineyards to a private investor in March, 2008.
Davis Bynum is a leading Russian River producer of Pinot Noir.
P.O. Box 1330,625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Valuation & Sale
of the Davis Bynum
brand, winery
& vineyard
August, 2007 March, 2008
www.intlwine.com
www.intlwine.com
7. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
Chateau Potelle, Napa Valley, California
Sell-Side Advisory
IWA acted as exclusive strategic and financial advisor to Chateau Potelle and initiated
the sale of the winery and vineyard to Jackson Family Farms. Respected Mount Veeder
estate. Jackson Family Farms is a subsidiary of privately held Kendall-Jackson Vineyard
Selected Transactions & Projects
Estates. 2007
Hedin Vineyard, Healdsburg, California
Sell-Side Advisory
IWA acted as exclusive advisor in the valuation and sale to Rudd Estate. Hedin is a
well known Russian River vineyard. This property will be used as a Sonoma base for
Rudd Estate. 2007
Havens Wine Cellars, Napa Valley, California
Sell-Side Advisory
IWA initiated this transaction and served as strategic advisors and broker to Havens in
the valuation and sale of the winery and vineyard to a U.S. subsidiary of Entertainment
Properties Trust, EPR Properties. Havens is a leading producer of Napa Valley Syrah
and Merlot. 2006
Havens Wine Cellars, Napa Valley, California
Valuation & Sale
of winery & vineyards
to Kendall-Jackson
September, 2007
Hedin Vineyard
Valuation & Sale
of the vineyard
to Leslie Rudd
April, 2007
a US subsidiary of
Entertainment Properties Trust
EPR Properties
has acquired
December, 2006
Sell-Side Advisory
IWA acted as exclusive advisor to Havens in the valuation and sale of the brand to
Billington Imports. Havens is a leading producer of Napa Valley Syrah and Merlot.
Billington is a wine importer and marketer. 2006
Valuation & Sale
of the brand
December, 2006
Bonny Doon Vineyard, Santa Cruz, California
Sell-Side Advisory
IWA served as exclusive and strategic financial advisor to Bonny Doon and provided a
valuation of the entire company prior to initiating and managing the sale of the Big House
and Cardinal Zin brands to The Wine Group. Bonny Doon is owned by Randall Graham
and is one of California’s best known wine companies. The Wine Group is the third
largest wine company in the USA. 2006
Koves-Newlan Winery, Napa Valley, California
August, 2006
Sell-Side Advisory
IWA acted as exclusive financial advisor to Koves-Newlan in initiating and completing
the sale of the winery and vineyard to a private buyer. Koves-Newlan is a producer
of Napa Valley wines. 2006
Cline Cellars, Sonoma, California
Sale of Big House &
Cardinal Zin to
The Wine Group
Valuation & Sale of the
winery & vineyard
June, 2006
Sell-Side Advisory
IWA served as exclusive strategic financial advisors for Cline Cellars and initiated
the sale of their Red Truck brand to 585 Wine Partners. Cline is a leading producer
of Sonoma County wines. This transaction resulted in the creation of 585 Partners,
a new US wine marketing company. 2005
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Valuation & Sale of
red truck
December, 2005
www.intlwine.com
8. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
Financial Advisory
Campari, Milan, Italy
IWA acted as exclusive financial advisors to Campari to evaluate a $100 million liquor
brand acquisition. IWA initiated the discussions on behalf of Campari with the
principals of the selling company, developed extensive financial valuation models for
the acquisition and provided due diligence services to Campari. 2005
Wild Horse Winery & Vineyards,
Templeton, California
IWA acted
completion
subsidiary
acquisition
Financial Advisors
2005
$34 Million Sell-Side Advisory
as financial advisors to Wild Horse in a plan to reduce debt. After
of a valuation IWA initiated and managed a sale of the business to a
of Jim Beam (Fortune Brands).
This was the second winery
by Jim Beam that IWA had advised on. 2003
Valuation & Sale
of the business to
Jim Beam
August, 2003
Selected Transactions & Projects
Wells Fargo Business Credit, California
Financial Advisory
IWA served as the exclusive, strategic wine industry advisor to Wells Fargo during the
bankruptcy of DeLoach Vineyards. IWA evaluated the DeLoach bankruptcy work-out
plans, prepared and implemented alternative work-out scenarios, valued the business
court testimony and wine industry benchmark data. Spring & Summer, 2003
The Chalone Wine Group, California
Valuation & Sale
of Carmenet to
Beringer
August, 2002
$37 Million Sell-Side Advisory
IWA served as exclusive financial advisors to Hogue and valued the company and
then initiated and managed a sale of the company to Vincor of Canada. Hogue is
the third largest wine company in Washington. Vincor is the largest wine company
in Canada and this transaction was their second US winery acquisition. 2001
Cabonne Limited, Australia
Spring & Summer, 2003
Sell-Side Advisory
IWA served as exclusive strategic advisor to Chalone and initiated and completed
a sale of the Carmenet brand to Beringer. Chalone was one of the only publicly
traded wine companies in the USA. Beringer is a subsidiary of Fosters. 2002
The Hogue Cellars, Washington
Financial & Strategic
Wine Industry Advisors
Valuation & Sale
of Hogue Cellars to
Vincor
September, 2001
Strategic Advisory
IWA served as advisor to Cabonne in the location and negotiation of a joint venture
agreement with Trinchero (Sutter Home) to create a jointly owned brand of
Australian wines. Trinchero is one of California’s largest wine company. 2000
and
Cabonne Limited
Joint Venture
December, 2000
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
www.intlwine.com
www.intlwine.com
9. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
The Chalone Wine Group, California
Buy-Side Advisory & Financial Advisory
IWA acted as exclusive advisors to Chalone on a number of projects in 2000 &
2001. IWA was retained to locate a Napa Valley winery or vineyard and Chalone
acquired the prestigious Hewitt vineyard in Rutherford. IWA also served as
advisors to Chalone and their Washington partners in Canoe Ridge Vineyards to
provide a valuation of the business, to assist Chalone in the buy-out of their
local partners. Canoe Ridge is a leading ultra-premium Washington wine producer.
Selected Transactions & Projects
2000-2001
Sonoma-Cutrer Vineyards, California
2000-2001
Sell-Side Advisory & Fairness Opinion
IWA acted as advisor to Sonoma-Cutrer in obtaining an additional competitive bid for
the company and provided a fairness opinion on the lead offer from Brown-Forman.
Sonoma-Cutrer is a well-known ultra-premium estate grown California Chardonnay
producer and was sold to Brown-Forman. 1998-1999
Masi Agricola, Italy
Stellenbosch Farmers Winery, South Africa
Strategic Advisor &
Fairness Opinion in
sale to Brown-Forman
March, 1999
Strategic Advisory
IWA served as advisors to Masi in the development of their strategic and financial plan
for a new project in Argentina. Masi is a leading producer of ultra-premium Italian
wines and was developing a new vineyard and winery project in Argentina. 1999-2001
Strategic Advisors
in Argentina
1999-2000
Strategic Advisory
IWA acted as advisor to SFW to conduct a global strategy review for the company.
SFW is the largest producer of wines and spirits in South Africa and in 2001, SFW
merged with Distillers Corporation, another leading South African wine and beverage
company, to form Distell. 1998
Vina Ventisquero, Chile (Agrosuper)
Strategic & Financial
Advisory Services
Global Strategy
Review
1998
Strategic Advisory
IWA is retained to structure joint ventures and establish global marketing and
distribution for Vina Ventisquero. Agreements were signed with PLB, a leading UK
distribution company (annual sales have developed to over 500,000 cases) and Click
Wine Group in the USA (the Root:1 brand was developed and annual sales have
grown to over 150,000 cases). Agrosuper is Chile’s largest food group with annual
sales of over $2 billion. 1998-2013
Strategic Advisors
1998-2013
A subsidiary of
Jim Beam (Fortune Brands), USA
$98 Million Buy-Side Advisory
IWA acted as financial advisor to Jim Beam and provided strategic management and
due diligence services in their acquisition of Geyser Peak Winery in California. Following
the acquisition IWA continued to work with Beam on related issues. This was the first
wine acquisition made by Jim Beam. 1998-2001
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
acquired
August, 1998
www.intlwine.com
www.intlwine.com
10. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
European Bank for Reconstruction
& Development (EBRD), London
$61.5 Million Strategic Advisory
IWA served as strategic advisor to EBRD to provide due diligence services and an
assessment and review of the business plans submitted to the Bank by Domaine Boyar
to provide $61.5 million of debt & equity financing with ING Barings. Domaine Boyar is
Bulgaria’s largest wine company. EBRD was established in 1991 following the collapse
of communism to aid in the transition to market economies. 1998
Mildara Blass (Fosters Brewing Group), Australia
Strategic Advisory
IWA served as strategic advisors to Mildara Blass to develop and implement a global
growth strategy to produce wines in other New World countries. As Project Manager,
IWA developed projects in the USA and Chile: a joint venture in Chile with Vina Santa
Carolina and the start-up of winemaking operations in California. Mildara Blass,
Australia’s fourth largest wine company, was acquired by Fosters in 1995. 1996-1999
Paragon Vineyard, California
Strategic Advisory
IWA acted as advisors to Paragon and initiated and negotiated a joint-venture with
Southcorp Wines of Australia. A joint venture was established and IWA worked in a
general management role to provide direction on financial, production, brand development
and other marketing issues. Southcorp was Australia’s largest wine company. 1996-2000
Due Diligence for
Debt & Equity
Financing
Domaine Boyar
August, 1998
Mildara Blass Ltd.
JV in Chile &
winemaking operations
in California
1996-1999
and
Paragon Vineyard Co.
Joint Venture
August, 1996
Viña Errazuriz
Vina Errazuriz, Chile
Strategic Advisory
IWA acted as advisor to Errazuriz in structuring their joint-venture with Robert Mondavi
on the Caliterra business. Errazuriz is a well-known ultra-premium Chilean wine
business and built a successful brand of Chilean wine with Robert Mondavi. 1995
Charles Krug Winery, Napa Valley, California
to
Robert Mondavi
October, 1995
Strategic Advisory
IWA served as the strategic advisor to Charles Krug in re-staging the CK Mondavi
brand. A five year strategic plan was developed for a brand re-launch (incl. product
re-formulation, supply, re-positioning & re-packaging, marketing and sales, etc.). The
CK Mondavi brand was re-launched in September, 1995. Charles Krug announced
that sales of CK Mondavi had grown to 490,000 cases in 1996, an increase of over 225%
from the previous year. Charles Krug is one of Napa Valley’s oldest wineries and is
owned by the Peter Mondavi family. 1995
Hinman Vineyards (owned by Chambers Corp.), Oregon
Sold interest in
Strategic Advisors
1995
Strategic Advisory
IWA served as advisors to Hinman in the preparation of a five year strategic plan with
the management team. Hinman is an ultra-premium Oregon wine business. 1995
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Strategic Advisors
1995
www.intlwine.com
11. INTERNATIONAL WINE ASSOCIATES
MERGERS & ACQUISITIONS GLOBAL WINE ADVISORS
CORPORATE FINANCE PLANNING
IWA
VINEYARD BROKERS
Selected Transactions & Projects
Southcorp Holdings, Australia
Buy-Side Strategic Advisory
IWA served as the strategic financial advisor to Southcorp and provided due diligence and
financial analysis of the 25 leading USA winery targets for Southcorp’s strategy to expand
into the US wine industry with a major acquisition. Southcorp is the owner of leading
Australian wine producers: Penfolds, Lindemans, Wynns and others. 1993
Heublein (a division of Diageo), California
Selected Transactions & Projects
Strategic Advisory
IWA served as exclusive strategic advisor to Bodegas AGE on the development and
implementation of international marketing strategies. Bodegas AGE is the second
largest producer of Rioja wines and the IWA engagement started immediately following
the company's acquisition by Banco Banesto from Guiness (Diageo) and lasted for
three years. 1991-1993.
Vina San Pedro, Chile (Banco Banesto, Spain)
Sale of the
Oakville Winery
to Pelissa & Hale
1993
Sell-Side Strategic Advisory
IWA served as advisors and represented Heublein in the sale of the historic
Greystone Building in Napa Valley to The Culinary Institute of America. Heublein
is a subsidiary of Diageo, the largest beverage alcohol company in the world.
1992-1993
Bodegas AGE, Spain (Banco Banesto, Spain)
1993
Sell-Side Strategic Advisory
IWA represented Heublein and initiated the sale of the Oakville Winery to Pelissa
& Hale. Heublein is a subsidiary of Diageo, the largest beverage alcohol company
in the world. 1992-1993
Heublein (a division of Diageo), California
Financial &
Strategic Advisors
Financial & Strategic Advisory
IWA served as financial and strategic advisor to Vina San Pedro and provided a company
valuation and initiated discussions with international strategic investors. IWA continued
to serve as strategy advisor in product development, international initiatives and in the
engagement of an international winemaking team. Vina San Pedro is Chile's third largest
winery and was the Chilean wine subsidiary of Banco Banesto, Spain's largest bank.
1990-1993
P.O. Box 1330, 625 Healdsburg Avenue, Healdsburg, CA 95448
Phone: 707/433-8122
Sale of The
Greystone Building to
1993
Development &
Implementation of
marketing strategies
1991-1993
Valuation &
Strategic Advisors
1990-1993
www.intlwine.com
12. MERGER & ACQUISITION ADVISORS TO THE GLOBAL WINE INDUSTRY
Total transactions completed valued at over US $ 1 Billion
has sold
Alderbrook Winery
Healdsburg, California
has acquired
to
A Private Investor
has sold to a
Private Investor Group
IWA served as exclusive advisors
and represented Terlato Wines in this transaction
December 2013
IWA served as exclusive advisors
and represented Resonance Vineyard
in this transaction
August 2013
IWA served as exclusive advisors
and represented Mayacamas Vineyards
in this transaction
April 2013
Silverado Hill Winery
has sold to
has sold to
has sold a Vineyard
In Rutherford, California
to a
Private Investor
IWA initiated this transaction and represented
Silverado Hill Winery
IWA initiated this transaction and served as exclusive
advisors to Pine Ridge Vineyards
January 2013
January 2013
IWA served as exclusive advisors and
represented Lancaster
November 2012
a U.S. subsidiary of
has sold a Vineyard in Sonoma Coast, California
to
has acquired
IWA represented Sausal and served as exclusive
advisors in this transaction
August 2012
has sold
has sold a Vineyard in Alexander Valley, California
to
IWA initiated this transaction and served as exclusive
advisors to Grupo Codorniu (Artesa Winery)
June 2012
IWA represented Moet Hennessy
(Domaine Chandon) in this transaction
June 2012
has sold their 50% ownership in
Blackstone Winery
Kenwood, California
to a
has been acquired by
to
A Group of Private Investors
Private Wine Industry Investor
IWA initiated this transaction and represented
Constellation
May 2012
IWA served as exclusive advisors to Diageo & initiated
this transaction.
July 2011
IWA served as exclusive financial advisors & real
estate broker to Laurel Glen
March 2011
13. The Mariani Family
Banfi Vintners
has acquired
Sold the trademark and marketing rights
to
Proximo Spirits, Inc.
A subsidiary of
Sale of Five Rivers Vineyard, Paso Robles
to
Silverado Premium Properties
IWA initiated this transaction & served as advisors to
Pacific Rim
December 2010
IWA served as exclusive
financial advisors to Hangar One & represented
Craft Distillers & St. George Spirits
April 2010
IWA served as advisors to Brown-Forman & initiated
the sale of a
427 acre vineyard to SPP
April 2010
a subsidiary of
Entertainment Properties Trust
EPR Properties
has sold
San Mateo Ranch Vineyard
Rutherford, California
to
Longmeadow Ranch
IWA initiated this transaction & served
as strategic advisors to Yalumba in the sale to
Long Meadow Ranch
October 2008
Demuth Winery &
Vineyard
Sold Certain California & Pacific
Northwest Wine Brands & Inventory
(Geyser Peak, Buena Vista, Gary Farrell,
Atlas Peak, XYZin, Columbia
Winery, Covey Run & Ste. Chapelle)
to
has acquired various wineries (Geyser Peak, Buena
Vista, Gary Farrell & Columbia) and
571 acres of vineyard assets
from
Ascentia Wine Estates
IWA served as advisors & represented Constellation
in a $99 million transaction and managed the
Due diligence process
June 2008
IWA served as advisors & represented Constellation
in a $110 million transaction and managed the
due diligence process
June 2008
Klein Family Vintners
has acquired
Anderson Valley
has been sold to
A Private Investor
IWA initiated this transaction & served
as strategic advisors to Demuth
A Russian River Wine Brand
Healdsburg, California
IWA initiated & served as strategic advisors to Davis
Bynum in this transaction & sold the winery & vineyard
assets to a private investor in a separate transaction
March 2008
January, 2008
Leslie Rudd
has acquired
August 2007
a subsidiary of
Entertainment Properties Trust
EPR Properties
Jackson Family Farms
has acquired
CHATEAU POTELLE WINERY
a Napa Valley Winery
IWA initiated this transaction & served as strategic
financial advisors to Chateau Potelle
September 2007
Billington Imports
has acquired
has acquired
Hedin Vineyard
a Napa Valley Brand
Healdsburg, California
IWA initiated this transaction & served
as strategic advisors
to Hedin
April 2007
from
a Napa Valley Winery & Vineyard
Mobius Partnership
IWA initiated this transaction & served as strategic
financial advisors & broker to Havens
IWA initiated this transaction & served as strategic
financial advisors & broker to Mobius
December 2006
December 2006
14. The Wine Group
has acquired
A Private Investor
Big House & Cardinal Zin
has acquired the
California Wine Brands
from
Hillview Vineyard Property
Napa Valley, California
Napa Valley, California
has been acquired by
A Private Investor
IWA initiated this transaction & served as strategic
financial advisors to Bonny Doon
August 2006
IWA initiated this transaction, acted
as strategic financial advisors
to Koves-Newlan
June 2006
585 Wine Partners
IWA served as broker & financial
advisors to the seller
November 2006
a subsidiary of
has acquired
red truck
has acquired
a California Wine Brand from
Templeton, California
IWA initiated this transaction & served as strategic
financial advisors to Cline Cellars
IWA initiated this transaction & acted as strategic
financial advisors to Wild Horse in
this $34 million sale
Spring & Summer 2003
August 2003
December 2005
IWA served as financial & strategic wine industry
advisors to Wells Fargo Bank in
the DeLoach Vineyard bankruptcy
a subsidiary of
Vincor International Inc.
has acquired
has sold
The Vintage Lane Winery
To
Justi Creek LLC
IWA initiated this transaction & served as
exclusive financial advisors to Chalone
December 2002
has sold the Carmenet brand to
Beringer Blass Wine Estates
IWA initiated this transaction & served as
exclusive financial advisors to Chalone
Prosser, Washington
IWA initiated this transaction & served as
exclusive financial advisors to Hogue
September 2001
September 2002
Beckstoffer Vineyards
has acquired the Talmadge Vineyard in
Mendocino County, California from
And
has acquired
Cabonne Limited
IWA initiated this transaction & served as
exclusive financial advisors to Parducci
have established a global joint-venture to
produce and market Australian wines.
IWA represented Cabonne
January 2001
December 2000
Rutherford, California
IWA acted as strategic advisor, represented and
provided due diligence services to Chalone in this
purchase of this 60 acre vineyard
February 2000
15. a subsidiary of
Mildara Blass Ltd.
has been acquired by
has acquired
Napa Valley Vineyard development
property from
has acquired
Juliana Vineyards
St. Helena, California
IWA served as advisor & provided
a Fairness Opinion to Sonoma-Cutrer
March, 1999
IWA acted as advisor to Mildara Blass in the sale
of a 100 acre vineyard
September 1998
Geyserville, California
IWA acted as strategic advisor and provided
due diligence services to Jim Beam in a $98 million
transaction of winery & vineyard assets
August 1998
has provided debt and equity financing to
Mildara Blass Ltd.
Mildara Blass Ltd.
Sofia, Bulgaria
has established winemaking operations
in California
IWA provided general management, financial &
technical due diligence services to EBRD
IWA initiated this transaction & acted as financial and
strategic advisor to Mildara Blass Ltd.
August 1998
June 1997
and
Vina Santa Carolina S.A.
have established a joint-venture to produce
and market Chilean wines.
IWA initiated this transaction & acted as financial and
strategic advisor to Mildara Blass Ltd.
June 1997
Robert Mondavi Corporation
has acquired an interest in
and
Paragon Vineyard Company
have established a joint-venture company
to produce and market California wines.
IWA represented Paragon and acted as strategic
advisor to the joint-venture
a Chilean Wine Brand
from
Viña Errazuriz
and they have established a joint-venture to produce
and market Chilean wines.
IWA acted as strategic advisor to Viña Errazuriz
has sold
has sold
The Oakville Winery
Oakville, California
to
The Greystone Building
St. Helena, California
to
Pelissa & Hale
IWA & partners initiated this transaction &
represented Heublein Inc.
June 1993
IWA & partners initiated this transaction &
represented Heublein Inc.
January 1993
IWA provided due diligence and financial analysis of
the 25 leading USA winery targets for acquisition by
Southcorp
1993
October 1995
August 1996
IWA served as
Financial
&
Strategic Advisors
to Southcorp