Precept Wine & Spirits Acquires Brand Portfolio of Miller Family Wine Company

SEATTLE, WA – August 14, 2026 — Precept Wine & Spirits, a leading privately held wine and spirits producer, today announced it has acquired the Miller Family Wine Company brand portfolio of wines. The Miller Family Wine Company is a Santa Barbara, California-based producer known for its portfolio of premium and national wine brands as well as a substantial private label business.

The acquisition includes brand trademarks, finished goods inventory, bulk wine, and private label business, strengthening Precept's foothold in the California market with an established, scalable portfolio. The deal adds several of the region’s most recognized brands to the Precept umbrella, including Butternut, the portfolio's largest-volume brand, Hand on Heart, Ballard Lane and J. Wilkes, known for its appellation-driven, 90+ point wines.

“The Miller Family Wine Company represents generations of craftsmanship and quality, and we are honored to carry that legacy forward,” said Andrew Browne, CEO of Precept Wine & Spirits. “The brand portfolio is a natural fit for Precept, as a first substantial investment in California and we’re eager to build upon the outstanding reputation these brands have earned with consumers in their longstanding histories.”

“Having known and worked with Precept for many years, we are thrilled that they will carry on the legacy of the California portfolio of wines that we have built,” said Nicholas Miller of Miller Family Wines.

The Miller Family’s renowned estate vineyards, including Bien Nacido Vineyard and French Camp Vineyard, will continue to be owned and operated by the Miller family. Precept will source fruit from these vineyards for existing national and private label brands. There are no changes planned to the existing wholesale distribution network for either company at this time. BMO acted as a financial advisor to The Miller Family in this transaction.

About Precept Wine & Spirits

Precept Wine & Spirits is a privately held wine and spirits producer in the Pacific Northwest and a top 20 American wine producer. Based in Seattle, Washington, the company's portfolio includes House Wine, Gruet Winery, Browne Family Vineyards, and other acclaimed brands distributed across the United States. Founded in 2003, the company’s wineries have garnered more than 1,250 combined best buys and critical scores exceeding 90 points.

About The Miller Family Wine Company

The Miller family are a multi-generational farming family and owners of the prestigious Bien Nacido Vineyard in the Santa Maria Valley and the French Camp Vineyard in Paso Robles. Additionally, the Millers farm other agricultural crops as well as run a portfolio of developed real estate and hotels. For more information on Miller Family Wine Company, please visit millerfamilywinecompany.com.