HAMBURG, Germany/SEATTLE, US – WAve Investments GmbH, announces that Kyle Anderson, Co-founder and President of Baratza LLC, the world market leader in domestic and semi-professional grinding solutions has joined as Partner. WAVE, a privately-owned investment company with a focus on supporting scalable businesses in the Specialty Coffee Industry has made five investments since its formation in 2017.
As the firm focuses primarily on investments in equipment manufacturers, coffee roasters, coffee-based foodservice concepts, and innovation in the coffee sector, Kyle’s experience in design, development, engineering and entrepreneurship makes him a perfect fit with the WAVE team’s experiences and backgrounds.
WAVE has an extensive global network in the coffee industry and Kyle’s involvement serves to further enhance the expertise WAVE can bring to the management teams of its portfolio companies and the assessment of future investment opportunities.
WAVE is focused on long-term, active partnerships with the management and shareholders of its investments. Nils Erichsen, Founder and CEO of WAVE notes: “We are thrilled to have Kyle join us. He has been a business partner and friend to both me and Joshua Dick for over 20 years. His experience and perspective will make him an immediate contributor to our current and future investment decisions.”
Says Kyle Anderson: “I’m excited to be able to join my long-term friends and business partners in the valuable work that WAVE is doing inside the Specialty Coffee Industry. I see WAVE as filling a special niche for entrepreneur’s and growing businesses inside our Specialty Coffee Community.”
Kyle will join Joshua Dick and Nils Erichsen on the WAVE Investment Committee and can be expected to bring valuable insights to its portfolio companies in both Europe and the US. With Kyle on the team and based in the Pacific Northwest, WAVE looks forward to expanding its presence in North America.
Today, WAVE’s US presence includes its investment in BKON LLC. In addition, WAVE’s portfolio company TONE Kaffeemaschinen AG has recently established a new US distribution network for its innovative coffee brewing solutions.
About WAVE Investments GMBH
WAVE Investments is a privately owned investment company focused on supporting scalable companies in the Specialty Coffee Industry. WAVE’s current investments include: Andraschko Kaffeemanufaktur / Berlin (www.andraschkokaffee.com), BKON LLC / Philadelphia (www.bkonbrew.com), Lykke Kaffegårdar / Stockholm (www.lykkegardar.se), Public Coffee Roasters / Hamburg (www.publiccoffeeroasters.com) and TONE Kaffeemaschinen AG / Schaffhausen (www.tone-swiss.com).
