Wine Connection Company Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Wine Connection Company Limited - overview
Established
1998
Location
Bangkok, -, Thailand
Primary Industry
Travel & Leisure
About
Wine Connection is a retail chain based in Thailand specializing in wine sales and wine-themed dining experiences across South-East Asia, particularly in Singapore and Thailand. Established in 1998 in Bangkok, Thailand, Wine Connection engages in the retail of wines and wine-related dining. The company was acquired by Heliconia Capital Management in September 2023 for USD 100 mn, marking a significant transition in its ownership structure. The CEO, Michael Trocherie, leads the company as it continues to navigate the evolving market landscape.
Wine Connection has completed a total of 5 deals since inception. Wine Connection is a prominent retail chain specializing in wine sales and wine-themed dining experiences across South-East Asia, primarily in Singapore and Thailand. The company offers a diverse range of wine products, including red, white, sparkling, and fortified wines sourced from various countries such as Argentina, Australia, France, and Italy. Their core offerings also encompass beer, sake, and spirits, alongside a selection of accessories like wine glasses and cheese pairings.
By targeting both retail consumers and dining establishments, Wine Connection aims to enhance the wine purchasing and dining experience, catering to enthusiasts and casual drinkers alike. Through its extensive product variety and expert knowledge, the company serves a broad customer base that includes individual wine consumers, restaurants, and corporate clients. In the most recent fiscal year of 2022, Wine Connection reported revenue of USD 31. 28 mn along with an EBITDA of USD 5.
54 mn. The company's revenue streams are derived from both direct retail sales and its restaurant services, allowing customers to purchase individual bottles of wine or dine in its wine-themed bistros, providing a comprehensive customer experience. With the recent acquisition completed on September 19, 2023, Wine Connection plans to utilize the investment from Heliconia Capital Management to enhance its product offerings and expand into new markets. Targeted geographic expansions are planned within Southeast Asia, focusing on increasing its footprint in Malaysia and Indonesia by 2025.
The company is also expected to launch new wine products and exclusive selections aimed at attracting a broader customer base.
Current Investors
Actis, British International Investment, The Abraaj Group
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.wineconnection.com.sg
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Wine Connection Company Limited - timeline of key events
Wine Connection Company Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Wine Connection Company Limited | - | ||||||||
| Unspecified Exit | Completed | Wine Connection Company Limited | - | ||||||||
| Buyout | Completed | Wine Connection Company Limited | - | ||||||||
| Buyout | Completed | Wine Connection Company Limited | - | ||||||||
| Buyout | Completed | Wine Connection Company Limited | - |
Displaying 1 - 5 of 5
Wine Connection Company Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.