Media Fortune Fame & Folly

Drinks industry MBO

The management team of IWSR, the drinks industry data company, has bought-out the brand from FPE Capital. The MBO was financed by Bowmark Capital for an undisclosed sum, although the brand is believed to have been acquired for some £7m by FPE. IWSR serves the drinks industry across 157 countries with trend data on 30k brands. Revenue (believed to be some £6m) and profits are claimed to have grown substantially in the three years of FPE ownership and IWSR has recently acquired Wine Intelligence. The London-based IWSR was founded in 1971 as the Institute for Wine and Spirits Research before re-branding as IWSR.