New York–primarily based cafe-operations platform Odeko lately acquired California wholesale specialty espresso provider Six Levels Espresso Service & Distribution, persevering with its venture-capital-fueled growth.

Odeko mentioned the acquisition of the Chico-based firm, which has served the area with espresso and tools for greater than 20 years, expands its West Coast footprint to Northern California, whereas complementing present distribution hubs in Los Angeles, Seattle and Portland, Oregon.

The corporate — whose vary of companies to cafe and restaurant operators contains next-day supply on wholesale orders, stock administration, finance and insurance coverage — mentioned it already counts 17,000 impartial companies as its purchasers in not less than 16 U.S. markets.

In response to Odeko, present Six Levels Espresso clients will probably be onboarded to Odeko’s ordering platform and nationwide catalog. Up to now, the Six Levels espresso portfolio has been targeted on the specialty espresso phase, with wholesale coffees from roasters comparable to Caffè Umbria, Equator Coffees, Peet’s Espresso and Thanksgiving Espresso.

Six Levels was based in 2003 by espresso business veterans Elizabeth Goldblatt and Amy Louis. The monetary phrases of the acquisition weren’t disclosed.

“We’re extremely happy with what we’ve constructed over the previous 22 years at Six Levels and in supporting Northern California’s specialty espresso neighborhood,” Louis mentioned in an announcement from Odeko. “Partnering with Odeko permits us to hold that legacy ahead whereas giving our clients entry to even better assets, know-how and alternatives for progress.”

The deal intently follows Odeko’s acquisition of one other main regional distributor, Atlanta Espresso Provide Group. Each acquisitions comply with a latest $96 million Sequence E funding spherical, which introduced Odeko’s complete fairness raised to roughly $280 million since its founding in 2019.

Coinciding with the newest deal, Odeko launched Odeko Provide, a cellular app that mirrors its net portal with saved objects for fast reorders, searchable catalog looking, order status-tracking and in-app difficulty reporting.

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