Stumptown Coffee Roasters
Client
Stumptown Coffee Roasters is a coffee roaster and retailer founded in 1999 in Portland, Oregon.
Created in pursuit of the highest quality coffee in the world, Stumptown is widely recognized as having revolutionized the coffee business with superior quality standards and business practices.
Their goal
Stumptown was at a pivotal point in the company’s growth and its founder was seeking a partner to help facilitate its next phase and capitalize on new opportunities. The company was seeking a partner that recognized the iconic brand’s unique culture and was committed to preserving it as the company continued to grow.
How we helped
The Meriwether Group ran a very limited process reaching out to a handful of best-in-class, consumer-focused private equity firms with proven track records of thoughtfully growing iconic food and beverage companies.
The result
TSG Consumer Partners, one of the world's premier consumer-focused private equity funds, acquired a majority stake in Stumptown Coffee Roasters in May 2011. This allowed Stumptown’s founder to achieve significant liquidity while maintaining an ownership percentage in the company. In October 2015, TSG Consumer Partners sold Stumptown Coffee Roasters to Peet’s Coffee, which allowed for a second significant liquidity event for Stumptown’s founder.
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