Virgin Wines Announces Completion Of Management Buy-Out With Mobeus Equity Partners & Connection Capital
Virgin Wines, the major UK wine retailer, has today announced that Mobeus Equity Partners and Connection Capital have provided a combined debt and equity package to support the £15.9 million management buy-out of the business from Direct Wines Limited.
The management team will be led by CEO Jay Wright, CFO Graeme Weir and Marketing Director Paul Adams.