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Online wine retailer Wine.com racks up $32.5 mlm
Nov 19, 2018
(PRNewswire) - Wine.com, the nation’s leading online wine retailer, today announced that it has raised $32.5 million in debt and equity financing from funds managed by Goldman Sachs Asset Management’s Private Credit Group (“GSAM PCG”). The capital will be deployed to enhance Wine.com’s customer experience, brand awareness, and scale of the company’s market-leading infrastructure.
“We’re delighted with our new partnership with Goldman Sachs Asset Management,” said Rich Bergsund, Wine.com’s CEO. “Their capital, expertise and continuing support is a game changer for Wine.com as we continue to capitalize on the unique opportunities in the online wine business.”
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