TSG Consumer Partners to Acquire Duckhorn Wine Company
Ropes & Gray represented TSG Consumer Partners in its proposed acquisition of Duckhorn Wine Company from GI Partners. Based in San Francisco, TSG Consumer Partners is a leading investment firm with $5 billion of assets under management, focused exclusively on the branded consumer sector.
The transaction includes all six Duckhorn Wine Company wineries: Duckhorn Vineyards, Goldeneye, Paraduxx, Migration, Decoy and Canvasback, as well as their corresponding properties, and more than 600 acres of estate vineyards, including Three Palms Vineyard in California’s Napa Valley.
Announced Aug. 29, the deal is expected to close in 45 days. Financial terms of the transaction were not disclosed.
The Ropes & Gray team advising TSG Consumer Partners included private equity partner Paul Van Houten (Boston) and private equity associates Charles Boer (Boston) and Elizabeth Gallucci (San Francisco).