Bacchus Capital Management Provides Growth Capital for Andretti Winery
Summary
SAN FRANCISCO, June 22, 2011 /PRNewswire/ -- Bacchus Capital Management, LLC, a San Francisco-based investment firm focused on providing strategic capital and making private equity wine industry investments, has provided growth and refinancing capital to Andretti Winery, a well-known Napa Valley wine producer owned by one of the worlds greatest race car drivers, Mario Andretti. "We have spent nearly 20 years developing this magnificent property in the heart of one of the worlds finest wine regions and producing outstanding varietals. ""We are eager to leverage the strategic capital Bacchus is providing," commented Joe Antonini, Co-founder and CEO of Andretti Winery. "As a winery with over 50 acres of vineyards in one of Napas most acclaimed locations, we look forward to leveraging our many assets and to building our business and our brand over the long-term. Specifically chosen for their excellence and distinction, each wine released meets the highest standards of the Winerys vision and mission: to consistently offer unique character and exceptional quality.Bacchus Capital Management is an investment and advisory firm co-founded in 2007 by Sam Bronfman II, Peter S. Kaufman and Henry F. Owsley providing alternative financing and equity capital to United States wineries and wine businesses.