Northington Partners advised Mojo Coffee on its latest deal where global investment company ADP Investments acquired a 35% stake in the coffee brand. The investment was made to acquire existing shares in Mojo and provide additional capital to support Mojo's expansion in the US market.
"New Zealand has become a centre of excellence almost globally for coffee," said ADP Investments director Brett Gamble. "We drink a lot of Mojo coffee, we know how good they are and what they do, and so when [we saw] the opportunity to invest in the company who had aspirations of exporting their capability, and the fact that they had got a foot in the US, we saw that as a great opportunity to partner with a Kiwi brand."
As part of its commitment to release capital to its shareholder, Christchurch...
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