S.F.’s Philz Coffee to be purchased by private equity firm for $145 million

The firm has previously invested in food franchises Popeyes and El Pollo Loco, as well as Petco. The value of the pending transaction is $145 million, according to reports to stakeholders obtained by Mission Local, which first reported the deal on Friday. Jacob Jabor, son of Philz founder Phil Jaber, did not respond to an inquiry from the Chronicle. Freeman Spogli could not immediately be reached for comment Friday. The deal is reportedly expected to close on Aug. 8, and stockholders have until Aug. 5 to receive an appraisal of...