Exclusive news and research on the wine, spirits and beer business

Valued At $90 Million, Florida’s Fun Wine Company Aims To Go Public

November 12, 2021

Miami, Florida’s The Fun Wine Company has closed a new financing round valuing it at $90 million. Investors in this $6 million round include Avon Road Partners, Cedarview Capital Management, and Ross Family Trust, alongside a private investor. The new funding comes ahead of Fun Wine’s plan for a public offering in 2022.

Fun is working with Manhattan Street Capital for a Regulation A+ public offering, subject to SEC approval, planned for Q1 2022. For 2021, Fun Wine’s namesake brand—a rising player in the growing better-for-you wine segment—is projected to grow 194% to around 150,000 cases, according to Impact Databank.—Shane English

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged :

GET YOUR FIRST LOOK AT 2021 DATA AND 2022 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2022 IMPACT DATABANK REPORTS. CLICK HERE.

Previous :  Next :