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New Deal


Announced

Longreach to acquire Chat Noir.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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coffee shop

coffee shop chain

Private Equity

Single Bidder

Acquisition

Private

Japan

Friendly

Pending

Restaurants and Bars

Synopsis

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Longreach, a private equity firm, agreed to acquire Chat Noir, one of the coffee shop chains in Japan. Financial terms were not disclosed. Longreach considers this to be an exciting investment opportunity with a clear business growth path, well-positioned in the premium coffee store market segment in Japan. Longreach also will accelerate Chat Noir’s growth through the enhancement of a variety of menu items, new marketing campaigns and new store expansion to regional markets in Japan.

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