Hart Davis Hart Announces Investment by Raymond Zage

Hart Davis Hart Wine Co. is pleased to announce an equity investment by G. Raymond Zage III. Mr. Zage, a citizen of Singapore, has acquired a significant minority stake and will join the Board of Directors of the company. All current owners and managers of Hart Davis Hart will remain in place with no change of control in ownership.

Mr. Zage has extensive experience in the world of investments, corporate strategy, and governance. After serving as Vice President in the Investment Banking Division of Goldman Sachs in Singapore, he moved to Farallon Capital Management, where he became partner and then Managing Director and CEO of Farallon Capital Asia. He remains a Senior Advisor to Farallon Capital Management. Mr. Zage is currently Founder, Chairman and CEO of Tiga Investments and Tiga Acquisition Corp. He also serves as a director on the boards of Whitehaven Coal Limited and Toshiba Corporation.

“Ray has decades of experience building incredible businesses all over the world. We are privileged to have the benefit of his expertise and vision, as we grow our business in the years to come,” commented Hart Davis Hart CEO Paul Hart.

Mr. Zage remarked, “Hart Davis Hart is a best-in-class business with a bright future. I look forward to advising on areas of opportunity for the company.” This is a homecoming for Mr. Zage, who grew up in the western suburbs of Chicago, where Hart Davis Hart was founded.

Hart Davis Hart, the #1 auction house in the US, will host their next Auction of Finest and Rarest Wines March 3 & 4, 2022 in New Castle, Delaware.

Bidding for the March auction will open Thursday, February 10 at 9:00am ET. Collectors can participate by downloading HDH’s mobile app or by visiting their auction website, auction.hdhwine.com.

About Hart Davis Hart Wine Co.

Hart Davis Hart Wine Co. is the #1 wine auction house in the U.S. and a leading online retailer, occupying a unique position in the rare wine market. HDH provides unrivaled expertise and personalized service to collectors and the wine trade, offering a broad range of options for buying and selling wine. The company was founded in October 2004 by our team of the most experienced professionals in the wine industry and quickly became a trusted source for rare wine. Today, HDH is helmed by Paul Hart (Chairman & CEO), and Ben Nelson (President). Paul began his career at Christie’s Wine Department and held executive positions at Davis & Company and Sotheby’s. As part of their commitment to superior service, Hart Davis Hart spearheaded the development of their online bidding platform, which is the most sophisticated system of its kind. Released in March of 2015, the mobile app and auction website allow users to place absentee and live bids from anywhere. Hart Davis Hart’s dedication to innovation has made the firm the industry leader in terms of technology, service, and expertise.

For more information on Hart Davis Hart Wine Co. visit hdhwine.com

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