Magma has advised Midlands business investors on their investments in high end coffee shops across the country in the last month.
Rugby based MTLS Ventures made its third equity investment this April into London-based Taylor St Baristas www.taylor-st.com. Founded in 2006 by siblings Nick, Andrew and Laura Tolley, Taylor St Baristas was inspired by the sort of good coffee they took for granted in their homeland, Australia. The business currently has 9 sites, with the majority in the metro London area and have ambitions to grow the business. MTLS are excited about working with the management team on their plans.
Separately, North-West based coffee chain Rubens, has received a significant equity investment from Coventry-based business investor. Rubens is looking to expand its existing three shops in the Liverpool area in a short space of time. Family-owned Rubens Coffee Limited too, delivers high quality coffee in a stylish and relaxed environment.
Magma were pleased to provide full commercial and taxation advice in both transactions and is pleased to be working with both businesses on an ongoing basis (…not just for the coffee shop meetings!)