Loeb & Loeb advised ReserveBar on the deal.
ReserveBar, the established leader in premium spirits ecommerce, has announced the closing of its Series B financing. The investment round was anchored by Silver Lake, the global leader in technology investing, and a group of leading ecommerce and technology investors led by Doug Dillard, Jr., Managing Partner of Slewgrass Capital and a Silver Lake advisor, who will join ReserveBar’s Board of Directors. The raise will continue to establish ReserveBar as the premier online premium and luxury spirits destination, while enhancing inventory optimization, marketing efficiency, and a one-of-a-kind user experience.
Demeter Group served as ReserveBar’s financial advisor on its Series B financing and will continue to provide strategic and financial advisory services post-closing.
The Loeb & Loeb deal team advising on the transaction was led by Steve Hurdle (Picture), Tilda Shin and Ryan Kashfian.
Law Firms: Loeb & Loeb LLP;