in a large number of transactions
across a wide spectrum of industries
FORT LAUDERDALE, Fla. (October 19, 2010) -- Fort Lauderdale-based investment banking firm Farlie Turner & Co. announced today that it served as exclusive financial advisor to The Stacole Company (Stacole) on its recent sale to The Country Vintner, a portfolio company of PNC Equity Partners. The sale closed on September 30, 2010; financial details were not disclosed.
Founded in 1933, Stacole is a leading, fully-integrated importer and distributor of fine wines. Stacole is the largest independent distributor in Florida with a specialization in French, Spanish, Italian and New World wines, and also a national importer with a specialization in French estates. For more information, please see www.stacolewines.com.
“Farlie Turner delivered on their promise of senior level attention throughout the sale process,” stated Chris Lano, Stacole’s CEO. “Their team was with us every step of the way, and their expertise in wine, spirits and beer distribution proved invaluable in getting the transaction across the finish line.”
“Stacole’s footprint in Florida, the second-largest wine market in the United States, and unique specialization in French wines are a perfect match for The Country Vintner’s Mid-Atlantic footprint and Australian, New Zealand and South African import portfolio,” commented Craig Farlie, Managing Director of Farlie Turner.
About Farlie Turner & Co., LLC
Farlie, Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with the FINRA, provides growth-oriented middle market firms with merger and acquisition, private placement, and financial advisory services. In addition, the firm’s Special Situations Group provides a full range of investment banking services to middle market companies experiencing financial difficulties, ranging from underperforming companies to those in significant distress. Please visit www.farlieturner.com for more information.
About The Country Vintner
Founded in 1980, The Country Vintner is the premier dedicated fine wine wholesaler in the U.S. TCV’s knowledge-based sales culture and customer-centric approach have allowed the company to grow organically and independently. Mid-Atlantic markets are serviced from the 170,000 square foot, temperature-controlled distribution center in Virginia.