1. Why a PE firm is playing in the Willamette Valley wine grab

    Business News (May 17 2013)

    1. Why a PE firm is playing in the Willamette Valley wine grab

      Bacchus Capital Management first tapped into Oregon's wine country by investing in Dundee-based Wine by Joe in 2011.

      It's expanded its Oregon portfolio twice in 2012 — making a follow-on investment in Wine by Joe in February and this monthacquiring the Panther Creek Cellars brand.

      The investments came from Bacchus Capital's inaugural $50 million fund, which seeded Bacchus' portfolio of eight West Coast wineries and brands. With that fund nearly depleted and Bacchus seriously considering raising a second fund, it seemed worth checking in with co-founder and Managing Partner Sam Bronfman to see if the firm might ...

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