Freeman Spogli to Acquire Philz Coffee

Freeman Spogli & Co. Invests in Brooklinen

June 30, 2021

E-Commerce

Freeman Spogli & Co. has made a new investment in Brooklinen, the Brooklyn-based direct-to-consumer home essentials brand. Existing investor Summit Partners will retain an equity stake; proceeds will support Brooklinen's e-commerce growth and accelerate expansion of its retail and wholesale channels. Terms were not disclosed.

Digital Fuel Capital Acquires Seattle Coffee Gear

September 18, 2020

E-Commerce

Digital Fuel Capital, a private equity firm focused on e-commerce, has acquired Seattle Coffee Gear, an omnichannel specialty retailer of coffee equipment, beans and repair services. Eagle Private Capital and Pine Street Capital Partners provided subordinated debt financing; founder Victor Gehlen will remain a significant shareholder and Mike Atkinson will continue as CEO as the company pursues accelerated growth through enhanced marketing and e-commerce capabilities.

FairWave Acquires Up Coffee Roasters

August 2, 2022

Food & Beverage

Kansas City-based FairWave Holdings LLC has acquired Minneapolis-based Up Coffee Roasters, bringing the local roaster into its specialty coffee collective. Up Coffee will continue to operate locally under owner David Chall (who becomes an investor in FairWave), retain its employees, and gain access to FairWave's marketing, technology and best practices.

Freeman Spogli Acquires Majority Stake in VIO Med Spa

September 16, 2024

Healthcare Services

Freeman Spogli has made a majority investment in VIO Med Spa, a franchisor and operator of full-service med spas. VIO founders and management will remain significant minority investors and the incumbent executive team will continue to run the business as the company accelerates franchise growth and national expansion.

Royal Cup Coffee & Tea to Acquire Farmer Brothers Coffee Co.

March 13, 2026

Food & Beverage

Royal Cup Coffee & Tea entered into a definitive agreement to acquire all outstanding shares of Farmer Brothers Coffee Co. for $1.29 per share in an all-cash transaction valued at about $28 million. The transaction is expected to close in the fiscal fourth quarter ending June 30, 2026 (around Q2 2026 in other coverage) and will combine roasting, route distribution, and equipment service capabilities to create a scaled national beverage solutions platform.

FreshBrew Group Acquires Branded Coffee Division of White Coffee Corp

October 14, 2025

Food & Beverage

Houston-based FreshBrew Group has acquired the Branded Coffee licensed division of Long Island City–based White Coffee Corp. The transaction transfers the nation's largest portfolio of licensed bagged coffee and K-Cup products to FreshBrew, expanding its roasting, liquid production and branded-manufacturing capabilities; senior members of the White family will join FreshBrew's executive team to lead the transition.