Freeman Spogli to Acquire Philz Coffee
August 6, 2025
Philz Coffee, the specialty coffee brand, has reached a definitive agreement to be acquired by Freeman Spogli, a strategic growth investor focused on the consumer and multi-unit industries. The deal is expected to close on August 6, 2025, with Mahesh Sadarangani continuing as CEO and the existing leadership team staying in place.
- Buyers
- Freeman Spogli
- Targets
- Philz Coffee
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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