Freeman Spogli has acquired Philz Coffee in a deal reportedly valued at $145m, as the Los Angeles-based private equity firm adds the 77-unit U.S. coffee chain to its growing consumer portfolio. The acquisition, expected to close on 6 August 2025, sees Philz continue under the leadership of CEO Mahesh Sadarangani, who joined the company in 2021.
For a medium roast with responsible sourcing, try Philz Coffee Tesora blend, at 78 cents per pod on Keurig. Tesora has a smooth, toasted flavor and full-bodied texture.
Philz Coffee recently announced the integration of App Clips to improve digital ordering, with features like seamless Apple Pay transactions, across select U.S. locations—an indication of how companies are leveraging technology for enhanced customer experiences.
Philz Coffee, the unofficial coffee of Silicon Valley, has become the latest restaurant to integrate App Clips into its digital ordering system, offering guests a streamlined way to order their favorite beverages and food for pickup.
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