La Colombe hires Moelis to explore options: Bloomberg

La Colombe has hired Moelis & Co to explore fundraising options, including a sale, Bloomberg reported. La Colombe, a premium coffee brand backed by Hamdi Ulukaya, is seeking a valuation north of $1 billion and is open to selling a minority or majority stake, the story said. Ulukaya is the founder of Chobani yogurt; he invested in La Colombe in 2015 and owns a majority.