Why You Likely Won’t See a “Rush of SPACs” Entering Bev Alc Space

Dear Client: Earlier this year, Vintage Wine Estates announced a definitive agreement to merge with Bespoke Capital Acquisition Corp., a special purpose acquisition company (SPAC), which will also take VWE public. Shortly after that announcement, Duckhorn Wine Co. moved forward with an initial public offering.  What spurred these wine companies to go public? Does this signal a wider trend? Your editors spoke with a couple M&A experts to address those questions as well as provide wider insight into the latest