StartEngine Acquires Vinovest to Expand Alternative Asset Investing Platform

Vintage Wine Estates Acquires Vinesse, LLC

September 28, 2021

Food & Beverage

Vintage Wine Estates (VWE) has acquired substantially all of the assets of Vinesse, LLC, a direct-to-consumer wine club operator with over 60,000 members and approximately $20 million in annual revenue. VWE paid $14 million cash plus a $2.5 million earnout, and expects to realize material cost synergies by bringing operations in-house while expanding DTC cross‑sell and digital capabilities; founder Larry Dutra (the seller) is expected to remain to help run the business.

TINT Acquires Vesta

May 16, 2023

Marketing & Advertising

TINT, the all-in-one social content platform, acquired Vesta, an online brand community platform, to expand its community-powered marketing capabilities and deepen brands' ability to cultivate advocates and user-generated content. The Vesta leadership team will remain in place and join TINT to continue building community solutions for enterprise and emerging brands.

Manhattan West Makes Growth Investment in Vino Vault

May 17, 2022

Professional Services

Manhattan West’s Private Equity Fund completed a growth equity investment in Vino Vault and became the company’s largest shareholder. The capital will support Vino Vault’s acquisition-driven expansion across the U.S. (and potential entry into Europe), technology development, and broader scaling of its concierge wine storage and value‑added services.

TerraVest Industries Acquires Advance Engineered Products

April 2, 2024

Manufacturing

TerraVest Industries Inc. has entered into an agreement to acquire Advance Engineered Products, a Regina-based manufacturer and service provider in the tank trailer industry. The seller is Ironbridge Equity Partners (with management participation); financial terms were not disclosed. TerraVest said Advance is complementary to its existing tank trailer businesses and will expand its product and service offerings.

O'Neill Vintners & Distillers Acquires FitVine Wines

November 10, 2022

Food & Beverage

O'Neill Vintners & Distillers has acquired FitVine Wines from its majority owners at BERKS Group to expand its portfolio into the growing wellness-focused, super-premium wine segment. The deal brings the FitVine brand — known for low-sugar, low-sulfite varietals and strong DTC and retail presence — into O'Neill's vertically integrated wine platform to accelerate national expansion.

J.P. Morgan Acquires OpenInvest

June 29, 2021

Financial Services

J.P. Morgan Asset & Wealth Management agreed to acquire OpenInvest, a fintech specialist in values-based (ESG) investing and impact reporting. OpenInvest will retain its brand and be integrated into J.P. Morgan's Private Bank and Wealth Management offerings; terms were not disclosed and the deal was expected to close in Q3 2021.