At what enterprise value was PHILZ COFFEE acquired in 2025?

You can find the full valuation details of PHILZ COFFEE on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PHILZ COFFEE when it was acquired by FREEMAN SPOGLI?

The exact EV/EBITDA multiple for PHILZ COFFEE is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was PHILZ COFFEE acquired by FREEMAN SPOGLI?

PHILZ COFFEE was acquired by FREEMAN SPOGLI in 2025.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the PHILZ COFFEE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the PHILZ COFFEE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.freemanspogli.com/portfolio/philz-coffee/

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Home Database Retail & ConsumerPHILZ COFFEE

08/2025

PHILZ COFFEE acquired by FREEMAN SPOGLI

UNITED STATES Hospitality & Leisure / Hospitality / Restaurants / Chains EV 100M - 350M USD

Context

Freeman Spogli agreed to acquire a majority stake in Philz Coffee. This partnership makes sense because Freeman Spogli has deep experience in restaurants like El Pollo Loco, Popeyes, and First Watch, which helps Philz open new stores while keeping its unique handcrafted coffee focus. Philz picks Freeman for their track record in consumer growth and collaborative style, especially as the company plans more cafes over the next two years without closing any locations. Customers and staff benefit from job security, same pay and benefits, promotion paths, and even thank-you bonuses. The deal supports Philz's mission by funding expansion in the specialty coffee market, where demand for personalized brews remains strong. It builds on a decade of private equity support, positioning the brand for U.S. growth and potential wholesale/digital gains.

By taking control of Philz Coffee, Freeman Spogli continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Evervet Partners in 2022.

PHILZ COFFEE, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Philz Coffee is a coffee chain founded in 2003 in San Francisco, California, by Phil Jaber and his son Jacob. The company started as a small corner store in the Mission District and has grown to 77 cafes across California and Chicago (2025). It roasts its own beans at a local facility in Oakland and specializes in handcrafted, pour-over coffee made one cup at a time. Each drink is customized using signature blends sourced sustainably from around the world, with no espresso-based lattes or cappuccinos—instead focusing on fresh-filtered coffee, iced options, teas, and light pastries like almond croissants. Popular drinks include the Mint Mojito, a creamy iced coffee, and Philtered Soul, a balanced house blend. The business operates 100% company-owned stores, avoiding franchising to maintain quality control. Revenue comes from cafe sales, packaged coffee, and e-commerce.

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REFERENCES

Valuation range: EV 100M - 350M USD

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: philz coffee

Acquirer: freeman spogli