Business

African PE firms Alterra and Phatisa ink deal to acquire Java House

Java House’s strong market position, proven ability to scale, and focus on operational efficiency present a compelling growth opportunity

Founded in 1999, Java House has grown into a household name, offering high-quality coffee and a diverse menu to customers across Kenya, Uganda, and Rwanda. The Company operates a network of almost 100 outlets – serving millions of customers annually – through brands including Java House, Java Express, 360 Degrees Pizza, Planet Yoghurt, and Kukito. The Company also operates a vertically integrated commercial kitchen, coffee roastery, foodservice and distribution platform, serving over 5.5 million meals per annum and employing over 2,300 people.

The brand is recognised for pioneering East Africa’s café culture and continues to innovate with locally inspired menu options, sourcing over 90 per cent of its products locally while implementing farm-to-fork traceability. With a strong reputation for operational excellence, Java House remains committed to enhancing the customer experience and expanding its presence in the region.

This strategic investment is underpinned by East Africa’s favourable longer-term macroeconomic trends, such as rapid urbanisation, growing disposable incomes, and shifting consumer preferences towards convenience dining. Java House’s strong market position, proven ability to scale, and focus on operational efficiency present a compelling growth opportunity.
“Java House is a premier brand in East Africa’s casual dining sector. Our investment is focused on unlocking new growth opportunities, expanding market reach, and reinforcing Java House as a leading brand in the region,” Eric Kump, Partner at Alterra, said.
Asif Noorani, Principal at Phatisa, said that with a well-established presence and a robust operating model, Java House is well-placed to capitalise on increasing demand for high-quality, convenient dining options.
“Our partnership will enable Java House to enhance its reach and impact across East Africa,” Noorani added.
David Cooke, Partner at Actis, noted that having navigated the Covid-19 pandemic, Java House’s all-women management team has delivered remarkable sales growth, and they have sustainably extended the brand’s footprint to almost 100 outlets across East Africa.
“We wish them and the new owners all the best in the next phase of Java House’s development.”
“At Java House, we believe that business growth and social responsibility go hand in hand. This investment will enable us to expand our footprint while continuing to invest in sustainable sourcing and job creation. Our commitment to serving our communities remains steadfast as we look to the future,” Priscilla Gathungu, CEO of Java House, said.
See also  Kenyatta University lecturer George Maina Muriithi charged with Sh55.5million fraud

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button