VWE to Acquire DTC Platform Vinesse
Dear Client: Vintage Wine Estates announced today it is acquiring "substantially all of the assets" of direct-to-consumer platform Vinesse for $14 million in cash with a $2.5 million earnout over a three-year period subject to meeting certain revenue and profitability conditions, per a release. Vinesse was founded in 1993, and has accrued 60,000 members to its DTC … Continue reading "VWE to Acquire DTC Platform Vinesse"
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