How Vintage Wine Estates Plans to Simplify and Deleverage its Business

Dear Client:  Vintage Wine Estates was founded more than 20 years ago by Pat Roney, and has since grown to roughly 2.5 million cases across more than 30 brands. The company went public just two years ago through a merger with a special purpose acquisition company at a market valuation of $690 million [see WSD 02-04-2021]. Now the company is in the midst of a business realignment. Part of the shake up includes hunting for a new ceo. You'll recall, this