Announced
Completed
Financials
Tags
wine retailer
Venture Capital
Private
Friendly
Single Bidder
Private Equity
Acquisition
Completed
Food Retailers and Wholesalers
Minority
United States
Domestic
Synopsis
Silver Lake, a company invest in technology, led a $20m Series B funding round in ReserveBar, a spirits, wine and champagne online seller. "We couldn't be more excited to have Silver Lake and the extremely talented investor group led by Doug as our partners. The Series B funding will accelerate the unprecedented growth we've experienced and will greatly expand opportunities for ReserveBar's spirits brand partners in the realm of content-to-commerce, cutting edge digital marketing and media tactics, data and analytics, efficient execution of new limited edition products, and technology enablement for our supplier partners. This is a win not only for ReserveBar but also our spirits supplier partners and growing retailer network," Lindsay Held, ReserveBar co-founder and CEO.
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