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27.10.2022    News

TH International Limited (“Tim Hortons China”) has now completed its business combination with Silvercrest Acquisition Corporation.

We are pleased to announce that TH International Limited (“Tim Hortons China”) has now completed its business combination with Silvercrest Acquisition Corporation.
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Founded by Cartesian Capital Group and Restaurant Brands International, Tim Hortons China operates more than 500 coffee shops across China and is one of the fastest-growing coffee shop chains in the region.

In our role as Financial Advisor to Tim Hortons China, the exclusive operator of Tim Hortons coffee shops in China, Alvarium Merchant Banking successfully secured a $50 million equity support facility from US-based institution Shaolin Capital Management, LLC.

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TH International Limited (“Tim Hortons China”) has now completed its business combination with Silvercrest Acquisition Corporation.

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