Sun Capital buys Timothy’s coffee chain

TORONTO Sun Capital Partners Inc., the private-equity firm with a taste for restaurant acquisitions, today said it had purchased the parent of the Timothy’s World Coffee chain for an undisclosed sum.

Toronto-based Timothy’s Coffees of the World Inc. operates 50 coffeehouses in the United States and 116 branches elsewhere in the world. The company also is a distributor of single-serve coffee and tea products.

Anthony Polazzi, vice president of Boca Rat

Register to view the full article

Register to view this article

TAGS: Finance News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish