
Macalvins, one of the UK’s top 100 accountancy firms, has led the successful sale of Peabodys Coffee to a renowned FTSE 100 hospitality company.
This significant transaction marks a new chapter for Peabodys Coffee, enhancing its presence within the NHS and expanding its footprint across additional hospital sites.
Founded in 1997, Peabodys Coffee has been a staple in London hospitals, known for its commitment to fairtrade organic coffee and artisan food offerings.
Under the leadership of Managing Director Claudia Mascino, the company operates ten sites and employs 55 people, with plans to increase its reach in the coming months.
Macalvins’ Corporate Finance team, led by partner Pankaj Rajani with key support from Muntazir Bhimji and Rachna Jain, provided expert advisory services to Peabodys Coffee – ensuring a seamless transaction aligned with the strategic goals of both parties.
“Our team’s dedication to delivering tailored transactional advice and support played a crucial role in the successful conclusion of this deal,” said Pankaj Rajani.
“We are thrilled to have guided Peabodys through this transformative phase of their journey.”
Claudia Mascino, Managing Director at Peabodys Coffee, added: “We at Peabodys have had a long history of vital operational support from Macalvins throughout our growth as an SME.
“So, when approached by a large PLC for potential acquisition there was no hesitation in nominating Pankaj and his team to represent our interests.
“The high calibre of all the professionals at Macalvins gave us the confidence to negotiate effectively.
“Pankaj and Muntazir were outstandingly professional, kind and supportive throughout the process and helped ensure we were able to achieve our key objectives.”
The acquisition promises substantial growth opportunities for Peabodys Coffee, backed by the extensive resources and operational capabilities of its new owner – a leading group in the global hospitality industry.