Emil Capital reaps 1.8x return with potential upside on Data Council exit

  • Emil exited Data Council in August
  • Potential 9.8x return if company meets certain hurdles
  • Held investment for about 14 months

Family-office investor Emil Capital Partners made a strong return on its recent exit of its investment in Data Council, which partners with food and beverage makers to produce data streams that get stored in a centralized database.

Emil Capital, backed by European retail group Tengelmann, is understood to have made a 1.8x cash-on-cash return on exiting Data Council, with a potential total return of 9.8x.

To achieve the full return, Data Council will have to meet certain hurdles, after which the acquirer pays out to shareholders on top of what’s already been paid, according to a person with knowledge of the deal.

Advantage Solutions announced its acquisition of Data Council in August.  Emil held Data Council for about 14 months before exiting. It invested in the Jacksonville, Florida, company as part of a consortium.

Emil Capital, Greenwich, Connecticut, focuses on investments in the food and beverage, consumer applications, digital media, e-commerce and beauty and apparel sectors. It focuses on the lower middle market.

Senior executives at Emil including Founding Partner and Chairman Christian Haub, Founding Partner and CEO Andreas Guldin, Senior Partner Marcel Bens and Partners Scott Morris and David Tswamuno.

Investments include Balance Water, Bare Snacks, Bright Farms, Uber, chocolate maker TCHO, Zeel, a massage-on-demand service and 2Beans.

Action Item: More about Emil: www.emilcapitalpartners.com/

The flagship branch of 2 Beans chocolate and coffee chain, at 100 Park Avenue, Manhattan. 2 Beans is a portfolio company of Emil Capital Partners. Photo by Buyouts Staff.