Situation
Umberto Bizzarri and Dawn Zervas founded Torrefazione Italia 1986. The Company roasted premium coffee blends for distribution to restaurants, grocery stores, and its three retail locations. The Company had positioned itself at the high end of the premium coffee market.
ZS Role
Zachary Scott & Co. was retained on an exclusive basis to represent the shareholders in a sale of the Company.
Results
Zachary Scott organized a competitive sale process, which resulted in proposals from strategic buyers, private equity funds, and family offices. The Company was ultimately sold to a private investor group controlled by the local family.