Loeb & Loeb advised ReserveBar, the established leader in premium spirits ecommerce, in 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. More information can be obtained from the company's press release.
The Loeb & Loeb deal team advising on the transaction was led by Steve Hurdle, Tilda Shin and Ryan Kashfian.