July 1, 2020
Attorneys: James G. Stefanick, Rimma Tsvasman, Jeffrey H. Schechter and Philip R. Hirschfeld
Cole Schotz P.C. represented Empathy Wines, a digitally-native wine brand and direct-to-consumer platform co-founded by entrepreneur Gary Vaynerchuk, in its acquisition by beverage alcohol company Constellation Brands, Inc.
As part of Constellation Brands’ purchase, the company will work with Empathy Wines to further scale the brand’s growth, while leveraging their consumer insights and analytics, brand building expertise, and high-performing digital technology to build DTC and digital capabilities. Empathy Wines focuses on producing high quality, sustainably made wines, sold direct-to-consumer through its eCommerce platform, powered by consumer insights and content-driven digital marketing.
The Cole Schotz team that advised Empathy Wines was led by member James Stefanick
and associate Rimma Tsvasman
, with assistance from member Jeffrey Schechter
and associate Philip Hirschfeld
on the tax elements of the transaction.
A press release with further details can be viewed here