La Fantana

US convenience store operator Sunoco LP has reached an agreement with Valentine Stores to acquire 18 of the latter’s Nice N Easy convenience stores, gas stations and restaurants in New York.

The stores locations include four Tim Hortons and five Subway quick-serve restaurants, of which two Tim Hortons and all Subway restaurants are located together, whereas the other two Tim Hortons stores are either standalone or third-party owned stores.

The deal is expected to be completed by the second quarter of this year.

Oresa Ventures, a private equity firm based in the Netherlands, and Cristian Amza, the founder of a Romanian coffee supplier called La Fantana, have become the biggest shareholders in La Fantana by acquiring all shares from Polish private equity firm, Innova Capital Sp.

Delivery Technologies, a web-based grocery delivery provider, will expand its online platform and operations using the $6.7m funding raised through a recently concluded Series-A funding round.

The transaction was led by US-based venture capital firm Jackson Square Ventures and involved participation of other venture capital firms, including Creandum AB, Accel Partners, and Endeavor Catalyst.

Image: Oresa ventrures and Cristain Amza are the biggest shareholders of La Fantana, the Romanian coffee supplying company. Photo: courtesy of Nic Taylor.