Geerlings & Wade has sold its assets to an undisclosed strategic buyer
| Client | Geerlings & Wade |
|---|---|
| Transaction | has sold its assets to an undisclosed strategic buyer |
| Sector | Food & Beverage |
| Year | 2009 |
| Role of Tully & Holland | SELL-SIDE TRANSACTION |
About the client
Geerlings & Wade was a direct marketer of premium wines and wine accessories based in Canton, Massachusetts, founded in 1986 by Huib Geerlings and Phillip Wade. It sold wine through catalogs, direct mail, its website and retail locations in states where it held liquor licenses, and was listed on NASDAQ beginning in 1994.
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