Westward Partners has sold Cascade Coffee to LaSalle, facilitating the company's next phase of growth and expansion in the evolving coffee market.

Information on the Target

Westward Partners (“Westward”) has successfully completed the sale of its former portfolio company, Cascade Coffee (“Cascade” or the “Company”). Westward acquired Cascade in July 2020 and made significant investments in the management team, including the recruitment of a new Chief Financial Officer (CFO), Chief Operating Officer (COO), and other key personnel. As a result of these enhancements, Cascade was able to diversify its customer and revenue streams effectively, adding several major clients while nurturing its smaller accounts into substantial contributors to revenue.

Under Westward's stewardship, Cascade experienced remarkable growth, with its revenues nearly quadrupling over the approximately four-year investment period. The company is headquartered in Everett, WA, and operates as a prominent full-service contract and private label roaster, grinder, flavorer, and packager of retail coffee products. CEO John Gilbert continues to lead Cascade into its next growth phase.

Industry Overview in the Target's Specific Country

The coffee industry in the United States is expansive and continues to evolve, reflecting changing consumer preferences and an increasing emphasis on quality and sustainability. Within this landscape, the demand