California: CrushPad Will Move to Sonoma
California: CrushPad Will Move to Sonoma
Apr 11, 2011
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Sonoma,CA — After exactly a year in Napa Valley, CrushPad is moving to Sonoma. The specialist in small-lot winemaking will move 18 miles west, into Sonoma’s 300,000-case Sebastiani Vineyards & Winery, now owned by investor Bill Foley’s Foley Family Wines.
CrushPad founder and CEO Michael Brill says that Foley is coming in as a “significant” but not majority stockholder. CrushPad also is looking for $2.5 to $3 million in additional capital investment.
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