April 15th, 2021 (Hamburg/Seattle) – Today, WAVE Investments GmbH, announces that Kyle Anderson, Founder and CEO of Baratza Inc., the world market leader in domestic and semi-professional grinding solutions has joined as a partner. WAVE, a privately-owned investment company with a focus on supporting scalable businesses in the Specialty Coffee Industry has made five investments since its formation in 2017. As the firm focuses primarily on investments in equipment manufacturers, coffee roasters, coffee-based foodservice concepts, and innovation in the coffee sector, Kyle’s experience in design, development, engineering, and entrepreneurship makes him a perfect fit with the WAVE team’s experiences and backgrounds. WAVE has an extensive global network in the coffee industry and Kyle’s involvement serves to further enhance the expertise WAVE can bring to the management teams of its portfolios and the assessment of future investment opportunities.
WAVE is focused on long-term, active partnerships with the management and shareholders of its portfolio companies. Nils Erichsen, founder and CEO of WAVE notes: “We are thrilled to have Kyle join us. Kyle has been a business partner and friend to both me and my partner Joshua Dick for over 20 years. His experience and perspective will make him an immediate contributor to our current and future investment decisions.”
Kyle will join Joshua Dick and Nils Erichsen on the WAVE Investment Committee and can be expected to bring valuable insights to our portfolio companies in both Europe and the US. With Kyle on the team and based in the Pacific Northwest, WAVE looks forward to expanding its presence in North America. Today, Wave’s US presence includes its investment in BKON LLC (www.bkonbrew.com).
In addition, WAVE’s portfolio company TONE AG (www.tone-swiss.com) has recently established a new US distribution network for innovative and environmentally considerate coffee brewing solutions.