The Inside Track on Wine and Spirits M&A

Dear Client: The number of supplier deals continues to climb every year in both wine and spirits. We tallied more than 40 supplier deals in 2019 [see WSD 12-19-2019]. And we'll likely see a lot more deals getting done in wine and spirits moving forward.That was the message being delivered by panelists on the changing M&A environment at the recent Wine & Spirits Daily Summit. The panel included Jennifer Evans, vp Constellation Ventures; Evis Savvides, operating partner Distill Ventures (Diageo-backed accelerator);