Timothy’s Coffee On the Block

Timothy's Coffees of the World Inc., a Canadian coffee shop operator, has retained Piper Jaffray to explore a possible sale of the company, according to LBO Wire. The company is majority-owned by a husband-wife team, while the report added that both Bessemer Venture Partners and JPMorgan Partners were past investors. No word on if either firm remains a shareholder. www.timothys.ca