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New Deal


Announced

The Blackstone Group completed the investment in 7 Brew.

Financials

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

Tags

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Completed

Acquisition

Domestic

Restaurants and Bars

Private Equity

Single Bidder

drive-thru bars

Minority

Friendly

United States

coffee shops

Private

Synopsis

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The Blackstone Group, an American alternative investment management company based in New York City, completed the investment in 7 Brew, the next generation drive-thru beverage business. Financial terms were not disclosed. "We are on a strong growth trajectory thanks to our outstanding team, the Brew Crew, and are so excited to have found in Blackstone a true partner who understands our culture and whose global reach and incredible resources will enable us to reach this next stage of growth. Blackstone brings everything we are looking for to help serve our customers and support our franchisees – industry and market knowledge, franchisee relationships, data science, operations and real estate expertise," John Davidson, 7 Brew CEO.

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