2020 – Another busy year for Vineyard’s partners
Vineyard’s invested operating partners acquired a combined 15 businesses in 2020, for a combined $40 million in value. While we had a couple operating partners that experienced significant challenges during the pandemic and related isolation requirements, the overwhelming majority of our invested businesses performed well and even found opportunities to improve their service and profit margins.
Experiences like the last year has allowed our invested management teams to reassess and redefine their goals as a company, and are beginning 2021 with more an even more refined process for growth. We expect 2021 will provide unparalleled acquisition opportunities for our partners as many small business owners have realized the value of being part of a progressive supportive team, rather than continuing the risks of individual ownership.
Investors in Vineyard realized another year of profits and share value gains. And we look toward 2021 with significant optimism for results we can bring to both investors and our invested partners in a model that is truly win/win for all participants.‹ Back to News