Mistral Equity Invests $10 Million In Vino Volo

New York City-based Mistral Equity Partners has invested $10 million in airport wine retailer Vino Volo. According to the chain’s founder and CEO Doug Tomlinson, Mistral’s investment will “accelerate the next phase of growth” for Vino Volo, which currently operates 18 locations in airports throughout the U.S. Last month, the brand unveiled plans for its first non-airport location in Bethesda, Maryland, slated to open this fall. Meanwhile, additional airport locations are set to open in Boston, Denver and Dallas, as well as in Vancouver, Canada, later this year. Established in 2004, the Vino Volo concept combines an upscale wine lounge with a restaurant and retail shop, offering wines by the glass, small plates, interactive tasting flights and a boutique wine retail selection.

Tagged : wine

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