RENAULT WINERY RESORT & GOLF RETAINS M&A SPECIALIST, HERITAGE EQUITY PARTNERS

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. July 18, 2015

FOR IMMEDIATE RELEASE

CONTACT: Hank Waida
866-969-1115 x5

RENAULT WINERY RESORT & GOLF RETAINS M&A SPECIALIST, HERITAGE EQUITY PARTNERS

July 17, 2015 -Renault Winery Resort & Golf has retained Heritage Equity Partners to seek a joint venture partner, equity investor, or buyer for the winery, golf course, and hotel facilities in Egg Harbor, NJ. This 1,100 acre property contains a 54 room hotel, 18- hole championship public golf course, and historic 40 acre winery and banquet facilities. Renault Winery Resort & Golf and Heritage Equity Partners will consider investor for, or sale of, each business individually, as well as 320 acres of property available for real estate development. Established in 1864, Renault Winery has recently celebrated its 150th anniversary. This historic winery holds the third oldest winery license in the united states and is able to harvest 12 different types of grapes, and can produce 100,000 bottles annually of 25 different Wine and Champagne blends for commercial sale. The winery is the winner of the 2015 Governor's Cup for their 2012 Renault Merlot. There are two buildings on the winery property. The Cafe Building is a single story structure containing a dining area and kitchen. The Main Complex building is a two story, 61,658 square foot structure that features a winery and warehouse area, wine tasting room, gift shop, two banquet rooms and kitchen, reception area, and a unique “Wine Glass Museum” featuring over 400 wine glasses, dating back to the 13th century. There is also a gourmet restaurant with two dining areas and kitchen prep area on the second floor. The Tuscany Hotel is a 54 room “Tuscan” themed hotel encompassing 57,500 square foot of space on 8.26 acres that is shared with a 190 seat restaurant, 200 seat banquet room, as well as two additional private rooms. The Vineyard Golf Course is a Championship public 7,213 yard, par 72 course located on 168 acres of land. Approximately 30,000 rounds played per year on The Vineyard Golf Course. The course has 31 acres of vineyards and includes a pro shop, maintenance, and golf cart storage buildings.
Hank Waida, a Managing Director at Heritage Equity Partners, stated “This is a unique opportunity to invest in or acquire one or more of the business units that make up this a turnkey resort complex, with a long history in the Egg Harbor City, New Jersey area, a strong name and a well-diversified revenue stream, a strong repeat customer base and substantial room for growth including land for prime real estate development.” Heritage Equity Partners, formerly “Equity Partners”, based in Easton, MD provides investment banking services and has completed in excess of 400 engagements throughout the United States since 1988.

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