The Vintner Group to Acquire Quality Wine & Spirits
The Vintner Group of Richmond, Virginia, an importer of fine wines and distributor of fine wines and craft spirits, has signed a definitive agreement to purchase Quality Wine & Spirits, Inc. of Atlanta, Georgia. The combination of Quality and the recently purchased Prestige Wine Wholesale of Marietta will catapult The Vintner Group to a leadership position in the Georgia fine wine and craft spirits market. The transaction closes on April 30, and the fused organizations will trade as Quality Wine & Spirits, Inc. statewide.
Founded in 1980 as fine wine distributor The Country Vintner, The Vintner Group is among the first to have bridged operations across state lines and has expanded to include wholesale companies in Delaware, Maryland, Washington, D.C., West Virginia, Virginia, North Carolina and South Carolina (as The County Vintner,) Florida (as Stacole Fine Wines) and now Georgia. In addition to the distribution businesses, The Vintner Group includes a national import arm called Craft + Estate, currently servicing 44 states. The American Still Life Collection, a craft spirit portfolio, was launched in 2011 and is also sold nationally.
Representing iconic wineries and upstart distillers to premium accounts, Quality has, in just 15 years, become a force in Georgia. Guided by founder, president and CEO Joe Best, they have been named to Inc. Magazine’s ‘Fastest Growing Companies in America’ list multiple times. Best will join The Vintner Group executive team and continue in his role going forward.
“The culture that Joe Best has created and the reputation that Quality has earned in Georgia allows us to stay true to our principles, while accelerating our vision of melding the organizational reliability of a large organization with the education-driven, customer-focused sales philosophy that is required of successful fine wine distributors,” said David Townsend, president and CEO, The Vintner Group.
“The Vintner Group has a very similar culture to Quality’s. Focusing on providing the best service to our Customers, working with our Vendors to achieve their goals and ensuring our Employees can continue to grow and expand their futures in the Wine & Spirits Industry, made joining The Vintner Group the right decision for Quality," said Joe Best, president and CEO, Quality Wine & Spirits, Inc.