Supplier LED Investment Group acquires and recapitalizes the assets of Verity Wines and Domaine Select Wine & Spirits.
NEW YORK, NY (Jun 18, 2021) – Trinity Beverage Acquisition, LLC (“Trinity”), a private holding company, is pleased to announce that it has acquired and recapitalized the assets of Verity Wines, LLC (“Verity”) and Domaine Select Wine & Spirits, LLC ( “DSWS”) from the former secured lender of each company.
Trinity, supported by a consortium of existing wine and spirits brand owners and suppliers, will operate and rename the consolidated national import business and regional wholesale business, previously known as Domaine Select and Verity. Wines respectively. The upcoming wine and spirits portfolio includes more than 140 brands and 700 distinct products from more than 20 countries.
Trinity believes the new organization is uniquely positioned to understand and appreciate the current and diverse needs and concerns of wineries and craft distillers in the U.S. market, having to navigate themselves as suppliers in the complex and frustrating marketplace. . The newly consolidated assets are well positioned to benefit from accelerating consumer demand as the effects of COVID-19 subside, commercial prices decline and the on-premises market normalizes.
ABOUT THE TRINITY
Trinity Beverage Acquisition, LLC is a privately held holding company backed by experienced wine and spirits suppliers. Trinity currently operates as a national importer under the nickname Trinity Beverage Group and regional wholesaler in the states of NY, NJ and PA under the nickname Verity Wine & Spirits until a consolidated rebranding is announced.