#United States #Osage Advisors #Stonington Vineyards #Connecticut Wine #Stonington, Connecticut

Osage Advisors Announces Successful Sale of Stonington Vineyards

Osage Advisors, a prominent mergers and acquisitions firm based in Connecticut, is excited to share the successful transfer of ownership from Stonington Vineyards to a dedicated local family. Stonington Vineyards, a distinguished member of the Connecticut Wine Trail, opened its doors in 1987 and has gained a reputation for its exceptional barrel-fermented Chardonnay and unique blends, Seaport White and Triad Rose.

With an annual production of approximately 6,000 to 7,000 cases, the vineyard has established a strong presence, selling around 90% of its wine through its on-site tasting room and the remainder to restaurants and shops across Connecticut and Rhode Island. However, after the unfortunate passing of founders Nick and Happy Smith in recent years, the team at Stonington sensed the urgency to select new owners capable of preserving the legacy forged over 40 years.

The newly appointed owners, a passionate family who are long-time visitors to the vineyard, are enthusiastic about shaping a future that honors the vineyard's rich history. Their vision comprises expanding offerings while enhancing the connection between visitors and the unique charm of the vineyard. Plans include greater involvement in the local culinary scene, hosting weddings, and offering more opportunities for guests to explore the vineyard.

Keith Dee, President of Osage Advisors, expressed pride in matching the vineyard with owners who will continue its legacy with dedication. “The family purchasing Stonington has a unique story filled with admiration for what makes this vineyard remarkable. I firmly believe they will successfully nurture growth while staying true to its origins,” he shared.

Rachel Fearnley, who stepped in as the President and Director of Operations for Stonington Vineyards leading up to the sale, praised the support Osage provided throughout the process. “Keith and his team were instrumental in making sure we were well-prepared for market, navigating the sale's complexities, and ultimately helping to find the ideal buyer. Their patience and strategic insight ensured that we found a family who will sustainably carry forward the vineyard’s legacy, benefiting the dedicated staff who remain.”

In conclusion, Osage Advisors is dedicated to facilitating seamless transitions in family-owned businesses. With a diverse clientele, the firm focuses on understanding the unique needs of each client, striving to achieve results that exceed expectations. Their expertise spans numerous industries, including Technology-Enabled Services, Aerospace, and Healthcare.

This transition marks an exciting chapter for Stonington Vineyards and a significant move in retaining and elevating Connecticut's wine heritage.