NWS

NWS Holdings and National Wine &a; Spirits will be family-owned businesses dedicated to building long-term asset value in entities and industries where it sees opportunity, for generations to come. Investments will be focused on entrepreneurial and venture-level companies in the spirit of our Patriarch, Serial Entrepreneur Jim LaCrosse. NWS Holdings and National will be outstanding employers and valued members of the community. National Wine &a; Spirits, Inc. was founded in Indianapolis as National Liquor Company after Prohibition ended when it was issued Indiana Permit #7. The Company was purchased by Jim LaCrosse and two partners in 1972. By the late 1980s, Jim had led the consolidation of wine and spirits wholesalers in the state from 27 to two, establishing a model that most other states would eventually follow. National expanded into three additional Midwestern states in the 1990s, bringing excellent customer service and advanced technologies from other industries, such as batch-picking and dual-sortation. In Michigan, National was instrumental in working with state and industry leaders in the creation of the ADA (Authorized Distribution Agent) system. As the consolidation of wine and spirits suppliers continued across the country, National joined forces with Republic National Distributing Company (RNDC) as a strategic joint venture partner in Kentucky, Indiana and Michigan. NWS Holdings, LLC was formed as a vehicle for venture and entrepreneurial investments in other industries. The NWS Team continues to be led by Jim LaCrosse and is writing the next exciting chapter in the Companys long and successful story.