METIS advises Historic Conner Lee Vineyard in sale to Washington Winegrowers Josh Lawrence and Tom Merkle
April 22, 2019
April 22, 2019, Walla Walla, Washington. METIS announced today the sale of Conner Lee Vineyard, one of Washington’s most highly regarded sites. The vineyard was acquired by a partnership between Josh Lawrence (of Lawrence Vineyards and Gård Vintners) and Tom Merkle (of Wautoma Springs Vineyard and Wautoma Springs Wines). The transaction closed Friday, April 19. The new partnership was created specifically to acquire and operate the historic Conner Lee Vineyard, outside of Othello, Washington.
Charlie Conner, son of Bill Conner, said of the transaction, “this vineyard has been a partnership of families for quite some time. We are excited to be handing it over to two other families with proven track record of cultivating outstanding wine grapes who plan to continue it as their own family partnership. We have every confidence in Josh and Tom and their commitment and ability to build upon the legacy of quality that our parents worked hard to establish for the vineyard these many years.”
Conner Lee Vineyards is one of the most highly regarded and recognized vineyards in Washington State. First planted by Dick and Louise Owings of Othello, WA in 1980 under the careful instruction of Washington State University’s renown viticulturist and researcher, Dr. Walter Clore. The vineyard was christened Conner Lee shortly thereafter when Rhoady Lee, Bill Conner, and Jack Sullivan joined as partners. The vineyard has been managed by Tom Thorsen for over 30 years.
The vineyard now consists of approximately 150 planted acres, primarily Cabernet Sauvignon, Merlot, Chardonnay, and Cabernet Franc. The vineyard is known for its fine sandy loam soils and relatively cool, long, even ripening season that produce wines of superior texture, balance, and complexity. It is widely regarded as one of the top Chardonnay sites in the Pacific Northwest and Bordeaux varietal bottlings from the vineyard have been amongst Washington’s highest scoring wines. Over 60 wineries have produced outstanding wines from the vineyard over the years and the current client list includes such highly regarded producers as Abeja, Bookwalter, Buty, Gorman, and Long Shadows.
“Some of the very best wines I’ve had from Washington were grown at Conner Lee Vineyard,” said METIS CEO Erik McLaughlin, “so when the opportunity arose to help such an important asset in the Washington wine industry find the right steward for the future we jumped at the chance.”
“Erik and the team at METIS advised us expertly throughout the process. They brought multiple buyers to the table, found the right parties who would build on the legacy of the vineyard, and negotiated a deal that everyone was excited about. I don’t think this deal would have gotten done without their persistence, dedication to detail, and industry relationships,” remarked Charlie Conner.
Josh Lawrence grew up in a farming family in Eastern Washington and leads the family business, Lawrence Enterprises, which owns and manages a significant portfolio of vineyards on the Royal Slope as well as Gård Vintners in Walla Walla. Josh is excited to add Conner Lee to their holdings, saying, “the opportunity to purchase a vineyard of this size, age, and reputation does not come around often and we felt it would be a great complement to our current vineyards on the Royal Slope.”
Josh invited longtime friend and grape grower Tom Merkle to join him in the venture. A second-generation Washington winegrower, Tom owns Wautoma Springs Vineyard and Wautoma Springs Wines along with winemaker Jessica Munnell. Tom was named Honorary Grower of the Year by the Auction of Washington Wines in 2017. Tom said, “Conner Lee has an excellent reputation for quality and adds diversity in locations and options for our winery as well as other wineries we will be working with in the future.”
METIS, a Walla Walla based Mergers and Acquisitions Advisory firm specializing in wineries and vineyards of the pacific northwest, served as the exclusive transactional advisor.
METIS advises Pacific Northwest businesses on capital transactions including mergers, acquisitions, and recapitalizations. With offices in Walla Walla, Seattle, and Portland, Metis offers concentrated
experience and expertise in the Pacific Northwest wine, spirits, and hospitality industries. For more
information about Metis, please visit www.metisnw.com.