Jiwa Group is one of Indonesia’s fastest growing coffee and F&B companies, with a
diversified F&B offering across its three brands: Janji Jiwa, Jiwa Toast, and Jiwa Tea.
Case Studies
We offer high-touch support to add value throughout the entire engagement
Case Studies
We offer high-touch support to add value throughout the entire engagement
Project Brew
Transaction:
Private Capital Raising
Status:
Completed, 2021
Project Background
Jiwa Group is one of Indonesia’s fastest growing coffee and F&B companies, with a
diversified F&B offering across its three brands: Janji Jiwa, Jiwa Toast, and Jiwa Tea. The
Group boasts a network of over 1,000 outlets throughout Indonesia, ~85% of which operate
under the Group's franchise (Kemitraan) arrangement. In 2021 alone Jiwa Group sold over 40
million products.
Panasean was engaged by Jiwa Group to help raise equity capital to help fuel the Company’s
regional expansion as well as IT infrastructure investments. Our involvement spanned from
assisting Jiwa Group in crafting a compelling equity story, to facilitating investor
introductions and selection, and preparing for the due diligence process. In 2021, we
successfully assisted the company in securing capital from Capsquare Asia Partners and
Openspace Ventures.
1. STRATEGIC ADVISORY
We helped identify and articulate a compelling growth story to attract the right Investors to this deal. Additionally, we developed a well-defined use of proceeds plan and made sure that the deal size was appropriately structured for a sufficient pool of potential investors.
2. TRANSACTION PREPARATION
We helped the Company to achieve the desired structure prior to the transaction including creating an investment vehicle for the Founders. In addition, we also recommended and assisted the Company in preparing their books to be audited.
3. SECURING THE RIGHT PARTNERS
We successfully harmonized the Company with investors Capsquare Asia Partners and Openspace Ventures in contributing to the operational and technological aspects of the business.
