US: Dundee's 'Wine by Joe' receives 'significant' cash investment from San Francisco private equity company
US: Dundee's 'Wine by Joe' receives 'significant' cash investment from San Francisco private equity company
Feb 7, 2013 6
(OregonLive) - A new infusion of cash from a San Francisco-based private equity firm is allowing a prominent Oregon winery to plan major expansions both nationally and at its headquarters in Dundee.
Wine by Joe, owned by Joe Dobbes and one of the state's largest producers, will announce this morning that Bacchus Capital Management is following up its initial September 2011 investment with a "significant" new round of capital.
Neither Dobbes nor Bacchus Capital principals would disclose the amount of the investment, but they said it allows Dobbes to hire a chief financial officer to manage the business end of the fast-growing organization.
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