US: Updating the Mendocino Winery Shuffle
US: Updating the Mendocino Winery Shuffle
May 11, 2012 6
(Wines&Vines) - With a hearing looming in a Mendocino County court June 9, former winery colleagues Paul Dolan and Tom Thornhill spoke with Wines & Vines this week. Since January, Dolan’s sudden dismissal from the Mendocino Wine Co. (MWC), co-founded in 2004 with Thornhill and his brother Tim Thornhill, is yet to be resolved. In the meantime, both sides are taking significant steps. An announcement this week revealed that Dolan’s company, H.D.D. LLC, secured a cash injection of $2.5 million from Daniel A. Carroll, managing partner at TTP Newbridge Capital, a San Francisco venture capitalist. H.D.D., a partnership of Dolan, his son Heath, Phil and Sylvia Hurst, Bill Hambrecht, Virginia Marie Lambrix and CFO Mark DeMeulenaere, reportedly will use the funds to bolster its direct-to-consumer and direct-to-retail marketing strategy. H.D.D. claims growth from 2,500 cases in 2008 to a projected 250,000 cases for 2012.
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