For Five Coffee Roasters (“For Five”), a leading vertically integrated specialty coffee roaster, retailer, and wholesale provider, announced that it has raised a significant growth investment from a select group of strategic investors. The capital will support the Company’s continued expansion of production capacity at its Queens roasting facility, accelerate the build-out of new retail cafes across metropolitan markets, and further scale its wholesale and hospitality divisions.
With a consistent track record of strong growth and profitability, For Five has built one of the most distinctive artisanal coffee platforms in the United States. Founded in 2010 by lifelong friends Stefanos Vouvoudakis and Tom Tsiplakos, the company has grown from a single roasting facility into a multi-channel business spanning roasting, retail, wholesale, and hospitality – anchored by signature blends, corporate partnerships, and in-house culinary programs.
For Five operates 40 retail locations nationwide, consisting of 21 flagship cafes and 19 within corporate and hotel venues, with an additional 12 sites actively under development. The Company serves more than 3,500 enterprise partner establishments. “We’ve built For Five with a relentless focus on execution, quality, and the guest experience,” said Stefanos Vouvoudakis, CEO and Co-Founder. “With the support of our new partners, we’re ready to take the brand to the next level – further expanding our footprint and introducing a new standard for hospitality in the luxury coffee space.”
The investment was led by Nicholas Karalis – former Chief Executive Officer and Executive Chairman of Biomatrix Specialty Pharmacy, and Michael Bapis – Managing Director with Vios Advisors; both have joined For Five’s Board of Directors alongside the Co-Founders. The team brings decades of combined operating, capital markets, and retail experience to support the brand’s next phase of growth.
Kramer Levin Naftalis & Frankel LLP and McGuireWoods LLP served as legal counsel in connection with the transaction. Baker Tilly Advisory Group, LP served as accounting and tax advisor.
About For Five Coffee Roasters
For Five Coffee Roasters is a New York based premium coffee company built on a commitment to taste, craftsmanship, hospitality, and design. The Company sources, imports, and roasts its own signature blends and single-origin coffees under its proprietary label. Each cafe is individually designed to reflect the character of its neighborhood, ranging from kiosks and grab-and-go formats to full and fast-service restaurants. Powered by a team of more than 300 employees, For Five is on a mission to bring the flavor and energy of New York City to customers across the country.
From The Five Boroughs. For The World. For more information, visit www.forfivecoffee.com.
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