Ohio-based Motley 7 Brew (M7B) currently operates 22 licensed 7 Brew outlets across the US and will use fresh funding to scale its store network beyond the states of Ohio, Georgia and Texas
New York-based private equity firm Orangewood Partners has made a fresh investment in its 7 Brew franchisee, Motley 7 Brew (M7B).
Founded by Orangewood and restaurant investment platform Anchor Point Management Group in September 2022, M7B operates 22 licensed 7 Brew stores across the US states of Ohio, Georgia and Texas. It also counts Taco Bell franchisee Pacific Bells and Popeyes franchisee OCS among its foodservice investments.
In a joint press release, Orangewood said the investment will enable M7B to accelerate outlet growth and enter new states, without disclosing its value.
“Our continued partnership with Orangewood and Anchor Point marks an exciting chapter in our growth journey and reflects the strength and position of our business within the 7 Brew ecosystem. We look forward to further benefitting from Orangewood’s deep franchise expertise and the support of 7 Brew corporate as we execute on our mission of providing industry-leading service and exceeding customer expectations,” said Rick Nader, President, M7B.
Founded in 2017 and backed by private equity firm Blackstone, Arkansas-based 7 Brew is one of the fastest-growing coffee chains in the US and has opened more than 150 stores over the last nine months to reach 415 sites across 34 states.
Following its new funding, M7B looks set to become a key contributor to the drive-thru-focused chain’s growth ambitions as it seeks to open 220 franchised stores in 2025.
7 Brew has approximately 2,000 outlets under development agreements with franchisees, with Southern Brew Corp and Brew Crew, based in Alabama and Arkansas, respectively, each having signed deals to open more than 75 franchised 7 Brew stores over the coming years.