Bank Of The West Commercial Banking Group Leads Financing For The Largest Private Equity Purchase Of A U.S. Wine Company
Bank Of The West Commercial Banking Group Leads Financing For The Largest Private Equity Purchase Of A U.S. Wine Company
11/17/21, 11:58 AM
Location
san franciscoBank of the West, part of BNP Paribas Group, announced that it led the financing for the acquisition of Ste. Michelle Wine Estates by the private equity firm Sycamore Partners Management (SPM). SPM purchased Ste. Michelle Wine Estates for $1.2 billion, making it the largest private equity purchase of a wine business in the U.S.
Company Info
Company
Equity Purchase
Location
san francisco, california, united states
Additional Info
The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business.