Fairwave Acquires Minneapolis-Based Spyhouse Coffee Roasters

Fairwave Acquires Minneapolis-Based Spyhouse Coffee Roasters

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spyhouse coffee minneapolis st paul

The Spyhouse Coffee St. Paul cafe, which opened in 2017. 2017 file picture, courtesy of Spyhouse Coffee.

Kansas City, Missouri-based Fairwave Coffee Collective (styled by the model as FairWave) has acquired influential Minneapolis-based roasting and retail firm Spyhouse Coffee Roasters.

Spyhouse, which was based by Christian Johnson in 2020 and now operates 5 Twin Cities cafes plus its Northeast Minneapolis manufacturing roastery and cafe, will proceed to be led by president Kevin Wencel.

Fairwave Holdings CEO Dan Trott declined to supply particulars on the phrases of the transaction, though he advised DCN through an electronic mail request that Spyhouse will keep its operations and branding, whereas now tapping into Fairwave’s present community for finest practices and enterprise progress.

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The Fairwave Coffee Collective made its public debut last year with the commingling of two Kansas City specialty coffee companies, The Roasterie and Messenger Coffee, plus Messenger’s small household of specialty manufacturers. The majority proprietor of Fairwave Coffee Collective is the Kansas City area-based non-public fairness agency Great Range Capital.

Fairwave’s Trott advised DCN the collective was in conversations with Spyhouse founder Johnson previous to a sequence of occasions that unfolded final summer time and autumn surrounding Spyhouse employees’ unionization efforts.

In September 2020, various Spyhouse workers went on strike, demanding union recognition and claiming unsafe working circumstances amidst the COVID-19 pandemic. On Oct. 2, Spyhouse possession issued a press release to quite a few media retailers offering to negotiate the sale of Spyhouse places to Spyhouse staff. In November 2020, a majority (14 of 25) Spyhouse staff formally voted against unionization.

“We had been in conversations with Christian previous to the most important occasions that occurred in Minneapolis final summer time,” Trott advised DCN through electronic mail. “I do know that Christian may be very pleased with Spyhouse as nicely he needs to be — among the best manufacturers and high quality coffee within the Midwest. Christian determined to promote the enterprise and felt that FairWave fulfilled every thing he was searching for when it comes to the following era of progress for the model, Spyhouse crew members, and the loyal Spyhouse friends within the Twin Cities.”

Trott stated that he hopes Spyhouse will probably be “one among many manufacturers” to ultimately be part of the Fairwave fold. He additionally prompt there could also be some growth of Spyhouse’s core coffee operations.

“We have plans to develop the variety of cafes and the final availability of Spyhouse’s nice coffee,” stated Trott. “In-home brewing has develop into extra vital and we wish to meet specialty coffee drinkers the place they’re of their journey. We will develop the coffee assortment and breadth of single origins that Spyhouse presents to their prospects.”

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