October 2024
Coffi Lab
Adviser to Coffi Lab on their growth investment by Development Bank of Wales
£undisclosed
Grant Thornton team
Food and beverage
Buy side
Corporate finance
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We are delighted to have advised Coffi Lab on their growth investment by Development Bank of Wales

Coffi Lab is a high end, dog friendly coffee brand with well-appointed stores across South Wales and the South West. This recognised brand has a loyal customer base, drawn in by its delicious in-house roasted coffee and own baked goods and sandwiches.

The business has an impressive, experienced management team with significant growth plans to roll out new stores and further grow the brand. 

Development Bank of Wales provides flexible finance to Welsh businesses to support growth in the region.

We advised Coffi Lab on obtaining a funding solution with Development Bank of Wales to support the next phase of store roll outs.

Utilising our corporate finance lead advisory and debt advisory team we negotiated the deal and commercial terms for management to provide a funding solution that will support the accelerated roll out of the next phase of new stores.

“We are extremely proud of what we have built with Coffi Lab and this transaction with Development Bank of Wales unlocks the next stage of our exciting growth plans. We wouldn’t hesitate in recommending the Grant Thornton team and thank them for their support at this stage in our journey.”
James Shapland Founder and CEO, Coffi Lab