Explorer Cold Brew Acquires Caffeine-Conscious Brand Savorista

"Explorer Cold Brew has acquired Savorista, a specialty coffee brand focused on decaf and half-caf coffees, as Explorer works to build a multi-brand "caffeine-conscious" coffee platform. The companies announced the deal Jan. 13. Financial terms were not disclosed. In the acquisition, Explorer said it is bringing the Savorista brand, associated intellectual property and its customer base into the "Explorer family.""

"Savorista founder Kait Brown will provide transition support and then continue to help shape the brand's vision and storytelling, according to the announcement. "I built Savorista to craft astonishingly delicious decaf for the coffee lovers who want to savor the ritual and flavor of great coffee without the impact of too much caffeine," said Savorista founder Kait Brown. "Explorer's national distribution and passionate community will accelerate Savorista's growth, bringing even more caffeine-conscious coffee options to our customers and fans everywhere.""

Explorer Cold Brew completed an acquisition of Savorista on Jan. 13, adding a specialty decaf and half-caf coffee brand to its portfolio; financial terms were not disclosed. Explorer will bring Savorista's brand, associated intellectual property and customer base into its operations, with Savorista founder Kait Brown providing transition support and continuing to help shape brand vision and storytelling. Both brands promote reduced-caffeine and caffeine-free options. The acquisition adds roasted, bagged coffee to Explorer's bottled concentrate and ready-to-drink offerings. Explorer was founded in 2020 by Cason Crane and sells nationally through Whole Foods Market, Fresh Thyme and Amazon. Explorer closed a $2.5 million seed round in early 2023 after a $1.5 million round in 2021. Savorista was founded in 2018 by Kait Brown and Daniel Fernandes; Brown previously worked at Bain & Company.

Read at Daily Coffee News by Roast Magazine