Liverpool Partners takes majority stake in Seven Miles Coffee Roasters
Gilbert + Tobin advised on the financing elements related to the acquisition of the majority stake of Liverpool Partner in Seven Miles Coffee Roasters.
OK: Epsilon Direct Lending advised on the financing of Liverpool Partner’s majority stake in Seven Miles Coffee Roasters, as well as on the Australian Beverage Corporation.
Value: Not disclosed.
Zoned: Banking and finance.
Key players: The G + T team was led by partner and banking manager Gail Christopher, with support from banking lawyers Elizabeth Athanassios and Catrina Chen and graduate Kin Pan.
Importance of the transaction: Epsilon Direct Lending is a new non-bank lender providing loans to mid-market Australian companies looking to accelerate their growth through acquisitions, expansions and buyouts.
Meanwhile, Seven Miles Coffee Roasters has been in business for over 50 years and is an Australia-based specialty coffee group serving over 800 coffee shops and thousands of retail customers across Australia.
“We were delighted to be working with Epsilon Direct Lending again on another great private equity transaction,” said Gail Christopher of G + T.
“Epsilon’s entry into the market strengthens the growing market for non-bank lending in Australia, and we are delighted to have had the opportunity to partner with them.