Bacchus Capital Makes Big Moves In Pacific NorthwestMay 15, 2013
Bacchus Capital Management, a private equity firm with six wineries and brands in Oregon and California, is placing a big bet on wine in the Pacific Northwest with two new deals. Wine Spectator has learned that the firm—which is led by industry veteran Sam Bronfman and investment bankers Peter Kaufman and Henry Owsley—is buying Oregon’s Panther Creek winery, hiring well-known winemaker Tony Rynders to head the cellars. The San Francisco-based firm is also buying a stake in DeLille Cellars, one of the first wineries to pioneer Bordeaux-style blends in Washington state.
Along with the new Pacific Northwest additions, Bacchus has existing shares in Dry Creek-based Sbragia Family Vineyards, Andretti Winery in Napa, Central Coast winery Qupé and a stake in Maritime Wine Trading Collective, an importer and distributor.Tagged : wine