With the acquisition of Crushpad's assets in August of 2012 and its launch of The Wine Foundry a custom wine production facility returns to Sonoma.
Castlegate Capital Advisors, LLC, was able to secure the wines of the original customers and avoid liquidation. With its opening in 2004, Crushpad reduced the barriers to entry for wine-making by providing a one-stop shop for producing and selling wine. The company is focusing on luxury-class winemaking for individuals and small wineries
According to Philip Von Burg, the Founder and Principal of Castlegate Capital, "When we looked at Crushpad we saw a solid core business that fit perfectly with our vision, expertise and passion. We believe there continues to be strong demand for custom wine production, a fact that was confirmed by the overwhelming support of Crushpad's clientele.
"The majority of private barrel clients are having us finish their orders, which gives us the opportunity to prove ourselves and regain their confidence," says Aaron Hayos, a Director at Castlegate and a part owner of The Wine Foundry. "We have also been fortunate to retain the majority of our commercial clients."
The Wine Foundry has released a new catalogue with a more focused collection of vineyards from some of California's finest regions including Napa, Sonoma, Mendocino and Santa Barbara. The company is also offering a great selection of wines that are currently in barrel.
According to Steve Ryan, Vice President of Sales & Operations, "We are rebuilding client relations and are committed to accommodating client requests whenever possible. The most valuable currency we have at the moment is responsiveness and accurate information. We are offering existing clients preferred pricing and a first shot at buying any excess bottles or barrels we have in our inventory."
Clients will still have full access to a top winemaking team headed by Patrick Saboe to help determine fermentation techniques, amount of new oak, type of oak, varietal blend and bottling dates. They will also continue to enjoy the label and packaging design services and compliance support that were available in the past. Future plans call for the expansion and redesign of an e-commerce platform to help facilitate sales for commercial clients.
"There are currently a number of investment opportunities in the wine industry, says Philip Von Burg. "Each month we see vineyards, wineries, importers and distributors being offered for sale. This was a tremendously exciting opportunity that we couldn't resist. All of us look forward to working with our existing clientele and bringing new clients into our winemaking community, whether they are interested in building a commercial brand or making wine with a group of friends."
Located in the town of Sonoma, The Wine Foundry offers their clients fruit sourcing from more than a dozen world-class vineyards, winemaking support (sorting, de-stemming, crushing, pressing, aging, blending), label design, storage, shipping fulfillment, logistics, wine club and allocations, licensing, permits, direct sales, compliance and reporting. For
More is at www.thewinefoundry.com.