Invenio Partners Invests in 5 to go to Boost Eastern Europe Expansion
Deal News | Dec 20, 2024 | Dentons
Invenio Partners, a private equity firm, has acquired a majority stake in 5 to go, the largest coffee shop chain in Eastern Europe, alongside co-investor Accession Capital Partners. This strategic investment marks a significant milestone for 5 to go as it has expanded to over 600 locations and is entering an accelerated growth phase. The deal, facilitated by global law firm Dentons, highlights 5 to go's plan for international expansion into South-East Europe and countries with considerable Romanian communities like Spain, France, Germany, and the UK. Dentons provided comprehensive legal counsel through their cross-jurisdictional team led by Kamran Pirani and Rob Irving, with their colleagues supporting from Budapest and Bucharest. The transaction underscores Dentons' expertise in handling complex M&A activities across borders, and the investment is poised to reshape the coffee shop landscape in Eastern Europe.
Sectors
- Private Equity
- Franchise Retail
- Legal Advisory
Geography
- Romania – 5 to go is a leader in Romania's franchise market and is expanding its presence within Romania.
- Eastern Europe – The investment by Invenio Partners aims to bolster 5 to go's presence in Eastern Europe, where the chain is the largest coffee shop operator.
- Budapest – Dentons' Budapest office played a key role in advising on the transaction.
- Bucharest – Dentons' Bucharest office was integral to the advisory team on this investment.
Industry
- Private Equity – Invenio Partners, a private equity firm, is investing in 5 to go, highlighting the sector's role in supporting business expansions and transformations.
- Franchise Retail – 5 to go is a leading franchise coffee shop chain, playing a major role in the retail and franchise market in Eastern Europe.
- Legal Advisory – Dentons, a global law firm, is providing legal support for the transaction, showcasing the vital role of legal advisors in international investments.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Invenio Partners | Private Equity Investor | Company | A private equity firm leading the investment in 5 to go. |
| Accession Capital Partners | Co-investor | Company | Partnering with Invenio Partners for the investment in 5 to go. |
| 5 to go | Target company | Company | The largest coffee shop chain in Eastern Europe and the subject of the investment. |
| Dentons | Legal Advisor | Company | Global law firm advising Invenio Partners on their investment in 5 to go. |
| Radu Savopol | Founder | Person | Founder of 5 to go, instrumental in building it to a leading coffee chain. |