Calistoga, CA – July 9, 2024 – Jayson Woodbridge, founder and owner of Hundred Acre Wine Group, has acquired Napa Valley’s historic Madrigal Winery to support his newest wine project, Fortunate Son Wines.
Jacinto Madrigal came to the Napa Valley from Mexico in 1938, farming the orchards of apples, pears, walnuts and grapes, halfway between St. Helena and Calistoga. His son, Jess, went on to winegrowing and started a vineyard management business which today farms 800 acres of premium vines. In 1995, Chris Madrigal, Jacinto’s grandson, founded the Madrigal Family Winery and continued the family’s legacy in Napa by becoming a vintner.
The 10-acre Madrigal property, located between Calistoga and St. Helena, consists of 8 acres of planted vineyard property, a production facility, appointment only tasting room and garden, and a small private estate. The Madrigal brand is not being purchased and remains with Chris and his family.
“We are in a period that occurs once in a few generations. It has allowed us to buy and redevelop our historic vineyard, farmed since the 1870’s on the corner of Larkmead Lane and Highway 29 a stone’s throw from Madrigal with very similar soil profiles, a natural fit which will also complement our existing Fortunate Son Winery in St. Helena at the historic David Fulton Ranch est. 1860 and one of the first if not the first winery in California. This type of opportunity only comes along for vineyards of this quality perhaps every 75 – 100 years,” Woodbridge said.
This acquisition marks the third significant expansion in the last four years for Fortunate Son Wines which are sourced from heritage micro-block sites that showcase the quality of the vineyards that are the bedrock of the early history of the Napa Valley.
Aspect Consumer Partners, a leading consumer products M&A, strategic and corporate finance advisory firm, acted as M&A advisor to Madrigal Winery in the transaction. Financial details were not disclosed.