In October Dutch Bros, the country’s largest privately held drive-thru coffee company, announced plans to open 800 shops in five years with the help of a private-equity investment from TSG Consumer Partners. The investment (financial terms were undisclosed) gives the investor a minority stake in the Grants Pass company.
It is the second time TSG has invested in an Oregon coffee company. In 2011 it bought a stake in Portland’s Stumptown Coffee Roasters. The firm sold the business to Peet’s Coffee & Tea in 2015.