Eight O'Clock Coffee
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Eight O'Clock Coffee - overview
Established
1859
Location
Montvale, NJ, US
Primary Industry
Logistics & Distribution
About
Eight O'Clock Coffee is a coffee company renowned for providing high-quality ground coffee and gourmet Arabica beans to consumers seeking a premium coffee experience. Founded in 1859, Eight O'Clock Coffee is headquartered in Montvale, US, specializing in premium coffee products. The company has undergone strategic shifts and was sold to Tata Coffee Ltd. in June 2006 for USD 220 mn.
The current CEO is Emmanuel Pito, one of the founders alongside Anita Firdaus, Kris Sigit, and Nur Mulyono. Eight O'Clock Coffee has completed four deals, with its most recent deal occurring on June 27, 2006, when it transitioned into its current ownership. Eight O'Clock Coffee specializes in delivering premium ground coffee and gourmet Arabica beans, offering a variety of products such as whole bean, ground coffee, and K-Cup® pods tailored to diverse brewing preferences. The company primarily markets its products in the United States, focusing on appealing to coffee enthusiasts through both direct-to-consumer sales and wholesale partnerships.
Eight O'Clock Coffee's revenue model includes direct-to-consumer sales and retailer partnerships, complemented by a subscription service that encourages regular purchases. The flagship Original Blend, along with various flavored options, caters to diverse consumer preferences, promoting customer retention and repeat purchases. Their pricing strategy reflects product quality, catering to both individual consumers and bulk buyers. Eight O'Clock Coffee plans to leverage recent funding to enhance its product offerings and market reach.
While no specific new products or release dates were mentioned, the company's strategy may include expanding its presence in untapped regions. The funding from the Trade Sale to Tata Coffee Ltd. will likely support these initiatives, bolstered by the financial recapitalization efforts previously completed.
Primary Industry
Logistics & Distribution
Sub Industries
Alcoholic Beverages, Food & Beverage Distribution
Website
www.eightoclock.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Eight O'Clock Coffee - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Eight O'Clock Coffee | - | ||||||||
| Recapitalisation | Completed | Eight O'Clock Coffee | - | ||||||||
| Recapitalisation | Completed | Eight O'Clock Coffee | - | ||||||||
| Buyout | Completed | Eight O'Clock Coffee | - |
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