Online drinks retailer Hairydog buys BoozeBud from administrators
Victorian online alcohol seller Hairydog has bought the assets of failed rival BoozeBud out of administration, with a relaunch planned and revenue expected to top $75 million.
Company
Every investor coverage indicates participated in a round Get Wines Direct raised.
The transaction that ended Get Wines Direct's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| BoozeBud | Acquisition | Dec 2021 | - | Startup Daily (30 May 2023), Startup Daily (4 May 2023), SmartCompany |
Companies Get Wines Direct acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Get Wines Direct. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Victorian online alcohol seller Hairydog has bought the assets of failed rival BoozeBud out of administration, with a relaunch planned and revenue expected to top $75 million.
Online liquor retailer BoozeBud entered voluntary administration on May 2, with William Buck halting sales and exploring a sale; the article also recalls its earlier ownership changes and other failed delivery startups.
BoozeBud has entered administration, with William Buck's Michael Brereton and Sean Wengel appointed. The piece recounts the online alcohol retailer's 2018 sale to ZX Ventures, its 2020 sale back to founders, and its Get Wines Direct acquisition.