Turn Capital to acquire the Thailand business of Flash Coffee.

Turn Capital, a venture capital firm, agreed to acquire the Thailand business of Flash Coffee, a tech-enabled coffee chain. Financial terms were not disclosed. “We are impressed by what the team has built in Thailand over the past years and are excited to play a major role in the company’s next growth phase. Turn Capital’s focus and expertise is on the consumers, building digital-enabled and loyal consumer ecosystems by creating exciting products and services. We are excited to partner with Flash’s management team to bring the tech-driven Flash Coffee brand to profitability, and to work with the young and energetic Thailand team to grow the company over the next few years,” Shang Koo, Turn Capital Partner.