Goosecross Cellars, a small luxury winery located in Yountville, has been sold to Golden Equity Investments, a private equity firm based in Golden, Colo.

The transaction included the 11-acre estate winery and vineyard property, tasting room and estate home.

Financial terms were not disclosed.

"The past 27 years here on State Lane with my wife Karen and partners, David and Colleen Topper, have been both challenging and rewarding," Goosecross winemaker Geoff Gorsuch said in a statement. "I could not ask for a better change of ownership."

Goosecross sells about 6,000 cases of wine per year, primarily directly to consumers, said Matt Franklin, principal of Zepponi & Co., the mergers and acquisitions firm that represented the sellers.

"It was a good transaction for both parties," Franklin said. "The previous owners reached the point that they could bring the business, and they were somewhat capital constrained."

Golden Equity plans to invest in the business and develop a national brand, Franklin said.

California temporary cultivation licenses issued as of March 15:

(Multiple licenses may be held by a single entity)

532 Santa Barbara County

491 Humboldt County

349 Mendocino County

263 Monterey County

158 Calaveras County

116 Los Angeles County

105 Trinity County

105 Riverside County

59 Sacramento County

58 Sonoma County

51 Yolo County

51 Alameda County

34 San Bernardino County

27 Santa Cruz County

25 Santa Clara County

20 Stanislaus County

11 San Francisco County

5 Shasta County

4 San Diego County

4 Lake County

5 San Luis Obispo

3 San Benito County

3 Contra Costa County

3 Kern County

2 Colusa County

1 Madera County

1 Solano County

1 El Dorado County

1 Fresno County

1 Siskiyou County

1 Tulare County