New York-based espresso store options supplier Odeko introduced it has acquired Atlanta Espresso Provide Group (ACSG), persevering with a streak of U.S. regional acquisitions since latest funding rounds. 

Odeko, which offers a spread of digital providers to cafe and restaurant operators — together with ordering and next-day supply, stock administration, finance and insurance coverage — stated it already counts 17,000 impartial companies as its shoppers. 

In buying Atlanta Espresso Provide Group — a full-service components and gear distribution firm based by entrepreneur Jonathan Silver 30 years in the past — Odeko stated it’s increasing its footprint within the Southeastern U.S. Odeko additionally plans to proceed providing ACSG’s unique espresso model, Lakehouse Espresso, in addition to companion tea model, Blue Durango Iced Tea.

The monetary phrases of the acquisition weren’t disclosed. 

The previous ACSG homepage is at present rerouting to the location of Odeko-owned wholesale cafe provide model Barista Underground. 

Odeko now has warehouses in 16 U.S. markets, offering native supply to prospects whereas additionally providing nationwide e-commerce and enterprise options.

The acquisition follows a latest $96 million collection E funding spherical, which introduced Odeko’s whole fairness raised to roughly $280 million since its founding in 2019. 

In March, together with the monetary bump, the corporate acquired a small New York agency referred to as Butter Insurance coverage, bringing the restaurant-and-cafe-focused insurance coverage platform in home. In Might, Odeko introduced it had acquired 14-year-old Pennsylvania-based distributor and beverage supplier Humankind Beverage. 

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