Healdsburg, California – April 30, 2013 – Robert Nicholson of International Wine Associates, the mergers and acquisitions advisory firm that specializes in wine industry transactions, announced today that IWA served as exclusive advisors and represented Mayacamas Vineyards, a Napa Valley “first growth” estate, in the sale of the company to a group of investors.
Mayacamas was one of six California Cabernet Sauvignon producers who participated in the famous 1976 “Judgment of Paris Tasting” and was brought to prominence by the Travers family, led by Bob Travers, who plans to retire after the sale.
Mayacamas is one of the Napa Valley’s most revered Cabernet Sauvignon estates and the wines have performed well in more recent tastings of the original “Judgment of Paris” wines, moving to 2nd and 3rd place in the 1986 and 2006 tastings, respectively.
Terms of the transaction were not disclosed.