Connection Capital has successfully exited from its investment in 23.5, the first Starbucks licensee in the UK. This marks a significant milestone for the firm, reflecting its strategic decisions in the retail and consumer sector. The exit involved collaboration with various partners, including Crowe and Eversheds Sutherland. With this move, Connection Capital continues to navigate the evolving landscape of investments, particularly in the food and beverage industry. The completion of this exit is part of a broader trend in investment strategies, focusing on profitable transitions within established brands in competitive markets.