Mammoth Coffee Acquired by Private Equity — Consumer M&A

Singapore-based private equity firm has acquired a majority stake in Mammoth Coffee, a restaurant franchise business in South Korea, for an undisclosed amount. Mammoth Coffee operates an affordable coffee chain with outlet expansion plans, including growth in Seoul and a presence in Japan’s Toranomon area. The private equity acquisition supports a platform acquisition strategy to scale the brand across East Asia through additional restaurant franchise acquisition opportunities. The consumer M&A deal is announced and structured as a platform acquisition, with terms and closing timeline not disclosed.