Rising Vineyard Pricing in Napa Changing Face of M&A

Prices for vineyard land in coveted Napa Valley AVAs like Rutherford and Oakville are fetching as much as $500,000 an acre these days, but a new report from North Bay Business Journal claims rising vineyard pricing is not affecting the demand for Napa land thus far. The number of transactions is holding steady at a "couple dozen" deals annually, but the size of the average deal is growing, according to Carol Collison, a partner with deal and financial advisory company