MQT Hospitality Inc. acquired the Marquette-based coffee chain from founder Brice Sturmer. The new owners stated that the company will continue to operate with the existing team, branding, and operational structure.
Velodrome Coffee Company
Velodrome Coffee Company is a specialty roaster based in Michigan's Upper Peninsula that operates under a 'fast, simple, fresh' philosophy. The company is dedicated to a direct-sourcing model, working closely with individual farmers to provide highly traceable, single-origin coffee. They operate multiple cafes and maintain a significant wholesale presence across the region.
Velodrome Coffee Company is owned by MQT Hospitality Inc.
Velodrome Coffee Company was acquired by MQT Hospitality Inc. in July 2024. The new owners, Matthew Beardsley, Erin Beardsley, and Iver Johnson, have committed to maintaining the original team, branding, and operational model established by founder Brice Sturmer.
Ultimate owner: a mid-size coffee group
Ownership is disclosed when documented. Corporate parents can shape sourcing and independence claims. Public sources were researched as of 2026-10-25.
See every brand in this owner's portfolio →- — Night Rider
Recent news and media coverage about Velodrome Coffee Company, as documented by outside outlets. We link to the original reporting and do not rewrite or endorse it.
- https://www.velodromecoffeecompany.com/pages/meet-the-owners
- https://dailycoffeenews.com/2024/07/31/upper-michigan-trailblazer-velodrome-coffee-acquired-by-mqt-hospitality
- https://www.velodromecoffeecompany.com/blogs/news/long-overdue-update-2022
- https://www.velodromecoffeecompany.com/pages/wholesale
- https://www.uppermichiganssource.com/2024/07/25/velodrome-coffees-new-owners-promise-keep-customer-favorites
- https://www.uppermichiganssource.com/2025/12/02/velodrome-coffee-company-gives-upper-michigan-today-look-behind-coffee-bean
- https://dailycoffeenews.com/2018/07/31/velodrome-coffee-a-revelation-in-marquette-michigan
- https://www.michiganbusiness.org/news/2020/07/communities-rally-together-to-support-small-businesses
- https://dailycoffeenews.com/2024/07/31/upper-michigan-trailblazer-velodrome-coff
- https://www.uppermichiganssource.com/2024/07/25/velodrome-coffees-new-owners-pro
- https://www.instagram.com/p/C92v-MquD1l