5 TO GO ENTERS STRATEGIC PARTNERSHIP WITH AND ACCESSION CAPITAL PARTNERS TO ACCELERATE REGIONAL EXPANSION
Summary
The new investors will hold a majority stake, while the founders and existing shareholders will retain a minority position and remain actively involved in operational and daily leadership.This partnership aims to drive 5 to gos international expansion into key markets such as South-East Europe, Spain, and other countries with significant Romanian diaspora, while solidifying its presence in Romania, where its network already spans over 130 cities and 300 franchises. We are ready to explore new markets and continue the success story we began in 2015.Co-founder Lucian Bdil added, With the foundation laid by Mozaik Investments and our teams dedication, weve built an unique franchising model. This new chapter will enable us to reach 1,000 locations in Romania and become a major European player in the coffee industry.Elvin Guri, CEO of INVENIO Partners, remarked, With invaluable support from Mozaik, Radu, Lucian and their team have built a Romanian contemporary retail icon. The deal is subject to regulatory approval and is expected to close in Q1 2025.About 5 to go: 5 to go was established in 2015 and has reached a milestone of 600 locations, becoming the largest coffee chain in Eastern Europe, and the most popular franchise in Romania. INVENIO Partners is experienced in promoting and supporting companies to realize their full potential and improve their performance by providing growth capital, strategic guidance, and operational support to strong management teams.INVENIO discovers companies with a strong track record and potential for regional industry leadership, competitive business models and an experienced management team.