Sojourner Consumer Partners Expanding Deal Pipeline with Hawaii Coffee Company Acquisition
Sojourner Consumer Partners is diving into the world of coffee with their recent purchase of a majority stake in Hawaii Coffee Company. This move not only marks their entrance into the coffee industry but also signals their intention to seek out more coffee-related deals in the future.
In addition to acquiring Hawaii Coffee Company, the US private-equity firm has established a new branch called SoJoe Coffee. This new platform is on the lookout for partnerships and acquisitions with packaged and ready-to-drink coffee companies across North America that show high potential for growth.
While the financial details of the Hawaii Coffee Company acquisition have not been made public, Sojourner Consumer Partners hailed the company as a top-rated coffee roaster in Hawaii. They also commended Hawaii Coffee Company for being a trendsetter in flavored coffee, particularly in Japan.
Established in 1979, Hawaii Coffee Company boasts a range of popular brands including Lion Coffee, Royal Kona Coffee, Hawaiian Isles Coffee Roasters, Koa Coffee, and Hawaiian Islands Tea Company. Their commitment to quality and innovation has solidified their reputation in the coffee market.
This strategic move by Sojourner Consumer Partners opens up exciting new opportunities in the world of coffee and sets the stage for future expansion and growth in this dynamic industry. Stay tuned for more updates as SoJoe Coffee explores new possibilities within the coffee market.
