October 5, 2020
Bellevue, WA: Berntson Porter Corporate Advisory Advises the Owners of Baratza, LLC on a Sale to Breville Group Limited.
Berntson Porter Corporate Advisory, LLC (“BPCA”), an M&A advisor serving middle market clients in the Pacific Northwest, today announced it acted as the exclusive financial advisor to the owners of Baratza, LLC. (“Baratza”), based on Bellevue, WA, in a sale to Breville Group Limited (“Breville Group”), based in Torrance, California, and New South Wales, Australia.
Established in 1999, Baratza designs and markets premium coffee grinders for North American and international markets.
The acquisition will be complementary to Breville Group’s existing premium coffee business and brings together two of the world’s leading companies in the design and global distribution of coffee products.
Breville Group CEO, Jim Clayton, said: “We are excited by the opportunity to bring Baratza into the Breville family. Our combined experience will unlock dynamic revenue synergies for both businesses, that share a passion for innovation and an unwavering commitment to enhancing the consumer experience.”
Baratza CEO and Co-Founder, Kyra Kennedy, said: “As a business renowned for its excellence in leading- edge design and customer service, it is vital to us that we maintain our unique culture and global brand. In Breville Group, we are confident we have found a partner with shared values and deep category expertise, whose vision for the future complements our own.”
Pitt Means, Managing Director at BPCA, commented, “We are very excited for Kyle, Kyra and the team at Baratza. We believe that they have found a partner with shared values for customer care and a passion for product innovation and enhancing the specialty coffee experience. We look forward to seeing Breville Group’s dynamic new vision for Baratza.”
This is the tenth completed transaction that BPCA has advised on since the firm’s formation in 2017, and the fourth in 2020. Other completed M&A transactions included companies in the manufacturing, industrial services, professional services, construction, wood products, and logistics industries.
For more information about this transaction, please contact the BPCA deal team:
About Berntson Porter Corporate Advisory
Berntson Porter Corporate Advisory is an M&A advisor serving private companies in the Pacific Northwest. The firm offers strategic consulting and transaction execution related to business sales, acquisitions, and recapitalizations. Past transaction experience includes companies in manufacturing & distribution, building products, aerospace, food processing, professional and business services, and construction.
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