360 Viansa

360 Global Wine Company is a leading producer of Italian varietal wines grown in the Sonoma County of California, operating under the name Viansa. Viansa is a premier destination for locals and tourists alike with its position as the closest winery in Sonoma to the city of San Francisco. Besides its location, Viansa’s other key asset was its substantial wine club. Due to neglect, several changes of ownership, and other turmoil, wine club membership and on-premise sales declined drastically, leading to heavily diminished profitability, particularly under the weight of a cumbersome debt burden. As such, the Company filed for Chapter 11 bankruptcy protection in the state of Nevada in March 2007.

Gordian was retained to assist the debtor with respect to analyzing strategic and restructuring alternatives, including running a complete capital raise / M&A process and assisting in the development of a plan of reorganization. After running a comprehensive process and assisting with the aforementioned duties, Gordian was able to bring to the table several indications of interest, and ultimately the Company was sold pursuant to a 363 sale auction to its existing lender, Laurus Funds, for approximately $40 million. Gordian’s marketing efforts and testimony were critical for the Debtor in obtaining Bankruptcy Court approval for the sale.