Ir a las Transacciones
Private Equity | Servicios de Soporte Comercial

BaltCap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss

Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm BaltCap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.

Coffee Address is the largest company in the Baltics offering to-go coffee and coffee vending services for offices and HoReCa clients in Latvia, Lithuania and Estonia. Established in 1993, the company serves over 100,000 cups of coffee on a daily basis. Besides its regular coffee service, Coffee Address also offers a complimentary range of products, including sugar, tea and snacks, and provides private label solutions starting from customized blends all the way to packaging.

Established in 1998, Kafe Serviss is a vending machine operator in Latvia, offering coffee and convenience foods in the workplace, public spaces and the HoReCa sector. The company is the official distributor of Lavazza and KIMBO coffee in Latvia. It operates through two key business segments – operations of self-service vending machines, where it has more than 1,500 units across Latvia, and office coffee service, where it provides coffee machines and coffee products to offices and the HoReCa segment.

Oaklins’ team in Latvia acted as the M&A advisor on all aspects of the design, negotiation and closing of the transaction.

Partes
“Joining forces with the Kafe Serviss team will enable us to create considerably better product and service offering for our existing and future customers in the Latvian market. I am happy that both parties believed in the mutual benefits of the transaction to the end and were able to successfully overcome the COVID-19 related challenges.”

Viktorija Meiksane

Chairwoman, Coffee Address Holding

Contáctese con el equipo de la transacción

 Valērija  Lieģe

Valērija Lieģe

Socio
Riga, Letonia
Oaklins Baltics
 Jānis  Lasmanis

Jānis Lasmanis

Socio
Riga, Letonia
Oaklins Baltics
 Reinholds R. Razums

Reinholds R. Razums

Asociado Director
Riga, Letonia
Oaklins Baltics

Transacciones relacionadas

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Aprenda más
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Aprenda más
Global IT Group has joined forces with enthus Group
Private Equity | TMT

Global IT Group has joined forces with enthus Group

Global IT Group, an IT services company, and enthus Group GmbH, an IT solution provider operating in Germany, Austria and Switzerland, have joined forces. As a result, enthus Group will significantly expand its market position in Switzerland. The sellers of Global IT have reinvested in the buyer and will ensure that local management continues to run the company as part of the succession planning.

Aprenda más