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10/2013MajorityLBO

Valedo Partners takes majority stake in Joe & the Juice

DENMARK Hospitality & Leisure / Hospitality / Restaurants / Chains REV $100–200M

Context

Valedo Partners acquired a majority stake in Joe & the Juice in 2013, with founder and CEO Kaspar Basse retaining a minority equity position and remaining in the management role. The deal is structured as a classic small‑LBO, with Valedo partnering alongside Basse and a group of key employees who also take equity stakes, thereby aligning incentives for a value‑creation phase focused on geographic expansion and brand‑building. At the time of the transaction, Joe & the Juice operated around 50 juice bars across several Northern European countries and the UK and generated roughly DKK 200 million in annual turnover, positioning it as a mid‑scale, fast‑growing lifestyle F&B concept rather than a large‑scale restaurant platform. The Swedish investor brings its typical mid‑market playbook to the company, emphasizing growth capital, operational support, and board‑level guidance through new independent directors such as Danny Feltmann Espersen and Sven Mattsson, who bring experience from H&M, Bang & Olufsen, Karmameju, and Oriflame. The strategic rationale for Valedo is to back a proven, franchise‑ready concept in a structurally growing wellness and convenience‑consumption segment, with a clear path to scaling through additional city‑centers and international markets.

Joe & the Juice, which reported an EBITDA margin of [members only] in 2012, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Retail & Consumer sector (11.8x in 2026).

-> Deep-dive in Retail & Consumer market trends

Target

Joe & the Juice is a Copenhagen‑born, global food and beverage chain focused on freshly prepared juice, coffee, and sandwiches served in a modern, design‑driven café environment. Founded in 2002, the company sources natural and organic ingredients directly from growers to underpin a concept centered on health‑oriented, on‑the‑go consumption. The menu combines premium‑roast coffee, cold‑pressed juices, and high‑quality sandwiches, targeting urban professionals and younger consumers seeking a lifestyle‑oriented dining experience rather than a purely transactional quick‑service proposition. With more than 480 stores across 23 countries in North America, Europe, the Middle East, and Asia, Joe & the Juice has transformed from a niche European concept into a globally recognized brand.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2012
$100–200M
[members only]
[members only]
2011
$100–200M
[members only]
[members only]

Other operations with Joe & the Juice

Other operations with Joe & the Juice
DateAcquirerTargetCountrySector
04/2026EMIRATES INTERNATIONAL INVESTMENT COMPANY EIICJOE & THE JUICEDENMARKRestaurants / Chains
11/2023GENERAL ATLANTICJOE & THE JUICEDENMARKRestaurants / Chains
10/2016GENERAL ATLANTIC / VALEDO PARTNERSJOE & THE JUICEDENMARKRestaurants / Chains

Similar deals in Hospitality & Leisure

Similar deals in Hospitality & Leisure
DateAcquirerTargetCountrySector
11/20133IBASIC-FITNETHERLANDSHospitality
11/2013CALEDONIA INVESTMENTSPARK HOLIDAYSUNITED KINGDOMHospitality
09/2013CBPE CAPITALCÔTE RESTAURANTSUNITED KINGDOMRestaurants / Chains
06/2013CREDIT MUTUEL EQUITYCOURTEPAILLEFRANCERestaurants / Chains
04/2013ALSEABURGER KING IN MEXICOMEXICORestaurants / Chains
03/2012OAKTREE CAPITAL MANAGEMENTFITNESS FIRSTUNITED KINGDOMHospitality
09/2011NAXICAP PARTNERSSUSHI SHOP GROUPFRANCERestaurants / Chains
01/2011CHANGE CAPITAL PARTNERSROSSOPOMODOROITALYRestaurants / Chains
01/2011HIG CAPITALLOOPING GROUPFRANCELeisure Facilities
12/2010FONDATIONS CAPITALCOURTEPAILLEFRANCERestaurants / Chains

REFERENCES

Revenue range: REV $100–200M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Joe & the Juice by Valedo Partners are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: joe & the juice

Acquirer: valedo partners

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Joe & the Juice, a Danish company specialised in Hospitality, by Valedo Partners in 2013, structured as a leveraged buyout (LBO). Ownership has since evolved, leading to a subsequent transaction with General Atlantic / Valedo Partners in October 2016 (see the dedicated deal page for details).

What was Joe & the Juice’s revenue at the time of the deal?

At the time of the transaction, Joe & the Juice’s annual revenue was estimated within the $100–200M range (FY 2012). Detailed financial figures are available to members.

How does the valuation of Joe & the Juice compare to benchmarks in the Retail & Consumer sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the Retail & Consumer sector are valued at a multiple of 11.8x EBITDA.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

What is mynth?

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