5 To Go Plans Major Expansion as Mozaik Investments Sells Minority Stake
Deal News | Dec 20, 2024 | CEE Legal Matters
Mozaik Investments has completed the sale of a minority stake in the Romanian coffee chain 5 To Go to Invenio Partners and Accession Capital Partners (ACP). Legal advice for the transaction was provided by Filip & Company for Mozaik Investments, Schoenherr for ACP, and Dentons for Invenio Partners. Founded in Bucharest in 2015, 5 To Go plans to use this investment to ramp up its operations in Romania with the ambitious goal of reaching 1,000 locations. Additionally, the company aims to expand into significant European markets. This transaction marks a strategic move for 5 To Go as it amplifies its growth and operational footprint, backed by two strategic investment funds.
Sectors
- Hospitality
- Private Equity
Geography
- Romania – 5 To Go is a Romanian company planning to expand domestically and into Europe.
- Europe – The transaction supports 5 To Go's expansion plans into key European markets.
Industry
- Hospitality – The main focus is on 5 To Go, a coffee chain operating in the hospitality industry.
- Private Equity – Involvement of private equity firms Invenio Partners and Accession Capital Partners.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 5 To Go | Target Company | Company | A Romanian coffee chain founded in Bucharest in 2015. |
| Mozaik Investments | Selling Company | Company | Advised by Filip & Company, they sold a minority stake in 5 To Go. |
| Invenio Partners | Bidding Company | Company | An investment fund that acquired a minority stake in 5 To Go. |
| Accession Capital Partners (ACP) | Bidding Company | Company | An investment fund that acquired a minority stake in 5 To Go. |
| Filip & Company | Legal Advisor | Company | Provided legal advice to Mozaik Investments. |
| Schoenherr | Legal Advisor | Company | Provided legal advice to ACP. |
| Dentons | Legal Advisor | Company | Reportedly provided legal advice to Invenio Partners. |