Palamon Capital Partners divests Espresso House
Palamon Capital Partners has divested Espresso House to Herkules Private Equity III, a Norwegian private equity fund.
Palamon, one of Europe’s leading mid-market private equity firms, acquired a majority interest in Espresso House in 2006. Since then, the company has expanded from 22 outlets in the south of Sweden to 120 outlets across Sweden, making it the largest chain of wholly-owned branded coffee bars in the Nordic region. Today, Espresso House employs approximately 900 staff and serves more than 30,000 customers daily.
Palamon was advised by Mannheimer Swartling. The firm’s team included Fredrik Andretzky, Henrik Johansson, Jonas Lagerroos och Dijana Malicbegovic.