Healdsburg, California – 13 November, 2012 – Robert Nicholson of International Wine Associates, the mergers and acquisitions advisory firm that specializes in the wine industry transactions, announced today that IWA served as exclusive advisors to Lancaster Estate, a prestigious winery in the Alexander Valley, in the sale of the company to Foley Family Wines. IWA represented Lancaster in this transaction.

The founder of Lancaster Estate, Ted Simpkins, will continue to be involved in the business and is excited to be partnering with Foley Family Wines to further expand the Lancaster Estate and Roth brands.

Vintner Bill Foley believes that Lancaster’s quality reputation and positioning fits perfectly within the Foley Family Wines portfolio. Foley said that “Lancaster Estate is an elite producer of Cabernet Sauvignon and other Bordeaux varieties”.

Terms of the transaction were not disclosed.