Coffeeheaven

Coffeeheaven Limited
Date: December 2009
Deal Size: £36m public takeover by Whitbread PLC
About the client: The largest chain of coffee stores in Central Europe (90 stores), with outlets in Poland, Czech Republic, Hungary, Romania and Latvia
About the transaction: Akur originated and negotiated sale of coffeeheaven to Costa Limited (a subsidiary of Whitbread Plc). Akur’s team were able to drive a valuation of 15x EBITDA the business sold at an 81% premium to share price on Akur’s appointment (24p versus 13.25p)
Lead: David Shapton
Coffeeheaven

 
 

Chris Young…

Chris is focused on listed closed-ended funds, specialising in both equity and debt capital fundraising. He has over 16 years’ experience in both sales and research. With relationships across many of the large institutional investors in the sector, he has worked across IPOs, secondary fundraisings, placings and sales. He began his career in the City as an investment funds analyst at Credit Lyonnais in 1999, and has subsequently held positions at Lazard Panmure Gordon, Arbuthnot Securities, and most recently as a specialist salesman within the investment funds team at Westhouse Securities. He is focused on private and public real estate and REITs, infrastructure and utilities, emerging markets, private equity and alternatives. Tel: +44 (0) 20 3780 8746 Mob: +44 (0) 7471 141 303 Email: cyoung@akur.co.uk