Duckhorn Said Readying IPO

Duckhorn Wine Co., which is owned by TSG Consumer Partners, is lining up underwriters for an initial public offering later this year, Bloomberg said, citing people familiar with the matter.

Duckhorn, founded in 1976, owns brands including Duckhorn Vineyards, Paraduxx, Migration, Decoy, Goldeneye and Canvasback and in 2018 acquired American Pinot Noir winery Kosta Browne. It’s named after founders Dan and Margaret Duckhorn who started the company with a single vineyard in Napa Valley. It now includes 600 acres of estate vineyards across California and Washington, four winemaking facilities and three visitor centers, TSG’s website shows.

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