Stumptown Coffee Roasters
Coffee · 10+ locations · Portland, NYC, LA, Kyoto
Stumptown helped invent direct-trade specialty coffee in Portland. It's now three owners removed from its founder: private equity, then Peet's, then Keurig Dr Pepper. Its 25-year-old original location is closing.
The Big Picture
Stumptown helped invent direct-trade specialty coffee, but the company is now three owners removed from its founder: private equity in 2011, Peet's in 2015, and Keurig Dr Pepper as of April 2026. Founder Duane Sorenson has moved on to a new Portland independent, and the 25-year-old Belmont Street original is closing. What remains is a pioneering brand name operating inside one of the world's largest beverage conglomerates.
The Dirty Details
Ownership
TSG Consumer PartnersPrivate Equity
TSG Consumer Partners is a San Francisco PE firm founded in 1986 (among the first to invest exclusively in consumer brands), with roughly $14 billion under management and past investments including BrewDog and Scopely. On Ferret it owns CorePower Yoga today and owned Stumptown from 2011 until its 2015 sale to Peet's.
Assets under management: ~$14B (2025)
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Company data last updated July 2026
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