Healdsburg, California – 15 August, 2012 – Robert Nicholson, a principal of International Wine Associates, the mergers and acquisitions advisory firm that specializes in the wine industry, announced today that IWA served as exclusive advisors to Sausal Vineyard & Winery, one of the Alexander Valley’s oldest boutique wineries, in the sale to Silver Oak Cellars. IWA initiated this transaction and represented Sausal.

Sausal Vineyards was acquired by the Demostene Family in 1956. The Demostene Family said they are delighted to sell their property to Silver Oak, and they are confident the Duncan Family will be good stewards of the land.

David R. Duncan, President and CEO of Silver Oak and Twomey Cellars is excited by the vineyard acquisition as it will give him and his winemaking team a new vineyard site with unique viticultural conditions. “The Sausal Vineyard site presents us with an excellent opportunity to grow Cabernet Sauvignon with a variety of soils and conditions not previously available to us in the production of our Alexander Valley Cabernet,” Duncan said. “We are excited to see what other opportunities it will afford us in the future.”

Terms of the transaction were not disclosed.