The Romanian coffee shop chain 5 To Go announced that the investment funds Invenio Partners from Bulgaria and Accession Capital Partners (ACP) from Poland have taken over 60% of the company’s shares.<\/p>\n
For Invenio Partners, this is the first direct local transaction, while ACP (formerly Mezzanine Management) already has several active deals in Romania.<\/p>\n
The Mozaik investment fund sold a 50% stake in the business and was left with a 10% stake. The coffee chain’s founders, Radu Savopol and Lucian B\u0103dil\u0103, retained a 25% stake after selling a 10% stake and will keep managing the business. A 5% stake remains with businessman Andrei Alecu.<\/p>\n
The new partnership supports the business’ international expansion and strengthens its position in the local market \u2013 where 5 To Go exceeds 150 cities and a network of 300 entrepreneurs.<\/p>\n
“The collaboration with Invenio and ACP is more than a financial partnership. We share a common vision of growth and sustainability, which gives us the confidence that together we will reach new horizons,” said Radu Savopol, co-founder of the coffee chain, quoted by Economica.net<\/a>.<\/p>\n Within 4-5 years, the business targets reaching 1,000 units in Romania from 600 currently and strong expansion abroad.<\/p>\n iulian@romania-insider.com<\/em><\/p>\n (Photo source: the company)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The Romanian coffee shop chain 5 To Go announced that the investment funds Invenio Partners from Bulgaria and Accession Capital Partners (ACP) from Poland have taken over 60% of the company’s shares. For Invenio Partners, this is the first direct local transaction, while ACP (formerly Mezzanine Management) already has several active deals in Romania. The […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3104","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3104"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3104\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}