fromDaily Coffee News by Roast Magazine
2 weeks agoPE Firm Buys Major 7 Brew Franchisee, Plans 200+ More Locations
Franchise-focused private equity firm Franchise Equity Partners (FEP) announced it acquired a majority stake in 7 Crew, the second-largest franchisee of the fast-growing U.S. coffee chain 7 Brew. With the deal, FEP said it is following through on plans to open more than 200 7 Brew drive-through locations across Texas, Florida, Oklahoma and New Mexico. Existing 7 Crew investors Masked Rider Capital and Red Sky Holdings are retaining significant equity stakes in 7 Crew, which currently operates approximately 50 7 Brew locations,
Fundraising
