Dutch Bros purchases regional Clutch Coffee Bar chain in first-ever company acquisition

Clutch Coffee Bar — a 20-unit North Carolina-based java concatenation — announced Tuesday that the institution had been acquired by Dutch Bros and volition beryllium converting each units into Dutch Bros locations. 

This marks the archetypal marque acquisition for the rapidly expanding Dutch Bros arsenic the institution adds Clutch Coffee’s 20 locations to its increasing portfolio.

“Nearly 8 years ago, we opened our precise archetypal drive-thru with a elemental but wide mission: service unthinkable drinks with affirmative vigor and interaction each section assemblage we touch,” Darren Spicer, cofounder and CEO of Clutch Coffee said successful an unfastened missive to customers connected the company’s website. “Today, I americium excited to stock an important milestone successful our journey: we are successful the process of reaching an statement for Dutch Bros to get Clutch.” 

Spicer started Clutch Coffee — with its akin sanction and drive-thru format to Dutch Bros — successful 2018, a fewer years aft Spicer near his occupation arsenic a store manager for Dutch Bros successful 2015. Nearly a decennary aft leaving his occupation with Dutch Bros, Spicer described the institution arsenic “a chap marque built connected quality connection.”

“This was not a determination made lightly,” Spicer continued. “What you tin expect is the heartbeat of our marque to transportation on—the affirmative people, quality, speed, and service—those values are lone amplified with Dutch Bros.”

Clutch Points members tin download the Dutch Bros app and automatically person their points to Dutch Rewards. All locations volition temporarily beryllium closed until further announcement aft Friday.

Dutch Bros did not respond to petition for remark successful clip for publication.