Bacchus Capital Management, a San Francisco-based private equity firm providing strategic capital in the wine industry, has exited its investment in Qupe, a California Central Coast wine producer.
The firm had provided a second lien loan to the winery, which was founded by Bob Lindquist, in March of 2011.
"Bob Lindquist is a leader and innovator in the wine industry," says Sam Bronfman, Bacchus Capital co-founder and managing partner. "I am sure his wines will continue to garner the accolades for which he is known, and we wish Bob much success going forward."
"Bob has been a terrific partner," says Peter Kaufman, Bacchus Capital co-founder and managing partner. "We are glad to have been of assistance in taking him and the Qupe team to the next level. We are sure that their future will continue to be very bright."
