Private equity fund INVENIO Partners and growth capital provider Accession Capital Partners (ACP) have acquired a majority stake in Romanian brand 5 to go as part of its global expansion plans.
The investment funds will acquire 60 per cent stake in the coffee brand, while the Founders Radu Savopol and Lucian Bădilă will continue to own a 25 per cent stake and will remain at the helm.
Businessman Andrei Alecu will retain a 5 per cent stake and Mozaik Investments will retain a 10 per cent stake.
The new partnership is said to support both the international expansion of 5 to go with the aim to expand to several new countries with ‘significant potential’, and the strengthening of its position in the local market, which exceeds 150 cities with a network of 300 franchisees.
In 2024, the company said it outperformed its budget forecast by 10 per cent, with the FY25 forecasts targeting approximately €72 million (US$74.6 million).
According to 5 to go, the partnership opens new regional markets in south-east Europe and large Romanian communities in countries such as Spain, France, Germany, United Kingdom, and Ireland.
“These countries represent strategic opportunities for franchise development, with a growing demand for services and products that bring a sense of community,” 5 to go said in a statement.
“The company is ready to inspire new generations of entrepreneurs to contribute to the development of 5 to go into a global brand and become a successful example of Romanian entrepreneurship internationally.”
