<p>Vino Draws PE Play</p>
<p>Some PE firms have bet on the wine business in the last couple years, but will their investments yield profit or sour grapes?</p>
<p>By Kelly Holman
March 13, 2009</p>
<p>A glass of vin de pays might suffice for a steak frites dinner, but it’s the wineries snaking across the rolling hills of Sonoma County that have private equity financiers salivating. The wine business is proving to be one area in mergers and acquisitions where deals are getting done. Falling purchase valuations and a dearth of financing options have created attractive acquisition opportunities for private equity investors.</p>
<p>[Vino</a> Draws PE Play](<a href=“http://www.iddmagazine.com/issues/2009_11/191098-1.html]Vino”>iddmagazine.com)</p>