US: Bacchus Pours Growth Capital in Madrigal Family Winery

(DowJones) - Madrigal Family Winery, the recipient of Bacchus Capital Management's latest growth equity investment, is essentially an immigrant's dream come true.

The grandparents of Chris Madrigal, president of the vineyard, left Mexico in the mid-1930s.

Despite a miscommunication with a train passenger that left the couple stranded in snow-covered Arizona, instead of sunny California, the two eventually made their way to the Napa Valley, farming a variety of agricultural produce, including grapes, apples, pears and walnuts.

Mr. Madrigal's father, Jess Madrigal, the fifth of 12 children, inherited the agricultural instinct, but chose to focus on wine.

A career serviceman in the military, Mr. Madrigal's father worked weekends at vineyards and eventually started a vineyard management company, helping clients in activities such as developing vineyards, pruning the vines and picking grapes.

Mr. Madrigal is the next generation to follow the legacy.

"We live the American dream every day," said Mr. Madrigal. "It is alive and well."

Bacchus, with offices in San Francisco, Napa, Calif., and New York, said it made a "significant equity growth capital" to Madrigal Family Winery. The firm, which is investing from its maiden fund, has written equity checks of $2 million to $7 million in U.S. wineries and wine businesses in the past.