Dutch Bros. sells minority stake to San Francisco private equity concern

October 2, 2018 |  

Dutch Bros., the country’s largest privately held drive-thru coffee and specialty drink company, announced yesterday they have sold a minority stake in the company to a San Francisco-based private equity firm. Based in Grants Pass, Oregon, the company operates several facilities in the Sacramento region including two popular locations in Elk Grove. 

The minority stake purchased by TSG Consumer Partners is expected to help Dutch Bros. in their plans to grow to 500 total shops within the next five years. TSG holds equity positions in a wide variety of consumers good companies ranging from Pabst Beer to Stumptown Coffee Roasters, a Portland, Oregon-based coffee shop with outlet primarily on the west coast. 

"TSG understands the vision of Dutch Bros and values our unique company culture and dedication to our people, customers, and local communities. We’re continuing to invest in our people first, helping those who are determined and hungry design their lives and live their dreams," Travis Boersma, co-founder, and CEO of Dutch Bros Coffee said. "We have set ambitious growth and expansion goals, and we trust TSG to help us build on this momentum in the most strategic way possible.”

Since its founding 26 years ago as a pushcart expresso vendor, Dutch Bros. has grown to 300 locations with 9,000 employees in seven states. TSG was founded in 1987 and hold's equity positions in several companies worldwide focused on consumer goods and services.

Financial terms of the deal were not disclosed. 

Post a Comment Default Comments

Follow Us



Elk Grove News Minute

All previous Elk Grove News Minutes, interviews, and Dan Schmitt's Ya' Gotta be Schmittin' Me podcasts are now available on iTunes

Elk Grove News Podcast

Listen to other podcasts in our archives here

Ya Gott be Schmittin' me Podcast

More Than Three Minutes Podcast

[image src="IMAGE LINK"/] google.com, pub-5438620617508054, DIRECT, f08c47fec0942fa0