Senior team at Paddy & Scott’s Coffee lead MBO to embark on new journey

CEO Jonathan Reed and Operations Director Zoe Hill have successfully completed a management-buy-out of Paddy & Scott’s Coffee, the Suffolk-based coffee wholesaler, E-commerce retailer and café operator

With a remarkable 28% year-on-year growth and significant progress in delivering
positive social impact in coffee-growing regions around the world, the business
eagerly anticipates a bright future under new ownership.

Established in 2007, by Scott Russell (and Paddy Bishopp, who exited the business
in 2016), the management team have secured significant funding to acquire the
business after enjoying record breaking performance in 2023

“In the last year, Paddy & Scott’s success has attracted multiple approaches to
acquire the business, but I really can’t see Paddy & Scott’s future in the hands of a
corporate organisation. Paddy & Scott’s is a Suffolk business, focused on
empowering coffee farmers and the wider community. I’m delighted the company will
continue to be independently owned and operated by the management team” said
Mr Russell.

Jon Reed, CEO said “The business will greatly benefit from new energy, and we are
thrilled to give Scott the opportunity to celebrate his 17 years and help many other
UK businesses as a successful coach, investor and mentor.”

“Since 2020 we have transformed the company and are immensely proud of the
progress we’ve made. When the opportunity arose to acquire the business and
safeguard our future commitments to coffee farmers and their families, it was
something we just had to look at” added Reed.

Zoe Hill, Operations Director, stated, “It’s a moment of pride to have joined the
company ten years ago and now to call myself proud custodian and owner. We feel it
is the perfect time to embark on the next chapter of our journey. Over the years, we
have built a team of incredible people and look forward to empowering more coffee
farmers, providing more school meals and ambition to children in coffee growing

Upon his departure, Scott Russell commented, “I’m extremely proud of what we have
achieved at Paddy & Scott’s, and after 17 years, it’s a proud moment to hand the
keys over to the management team. Paddy & Scott’s is in great hands, and I wish
them all well for the future. I know that they have big plans, and I’m excited to watch
Jon and Zoe take the business forward in new directions.”

The successful MBO marks a new dawn for Paddy & Scott’s and will secure the
future of Paddy & Scott’s for years to come.

Image: L to R -Scott Russell, Zoe Hill & Jonathan Reed

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