Bill Foley announced Friday his acquisition of a controlling stake in Touring & Tasting Marketing and Media. Touring & Tasting was the leader in the wine tourism industry. Meanwhile, Foley was the founder of Foley Family Wines. He was also the Executive Chairman of the Board of Directors for Fidelity National Financial Inc.

"Foley Family Wines is fully committed to the growth and success of wine tourism globally. It is exciting to see the positive economic impact wine tourism is having on regions and communities all over, and partnering with Touring & Tasting will help us continue to help fuel that growth," stated Foley.

On Touring & Tasting's end, Managing Partner Dan Fox reported, "With Bill's passion for the wine industry and commitment to promoting wine tourism, we now have the resources required to further expand and diversify Touring & Tasting. Our collective mission is to promote and help market the wine country businesses with whom we work."