Distribs Selling at Much Higher Multiples in Franchise States

Dear Client: In a seminar at the NBWA Conference last week, OMAC Beverage Advisers' John O'Connor and Sean McLaren showed compelling evidence that distributors are not only more profitable, but also selling at much higher multiples in franchise protected states. Tellingly, OMAC has closed over $1.5 billion in distributor transactions, with a significant portion of those in the wine and spirits space. And yet when John showed a slide showing which states they've closed wine and spirits deals in, they