Kafevend, which supplies hot drinks, coffee vending machines, water and snack vending machines to businesses across the UK, posted revenues of £20m in 2013.
ISI invested in the company in 2005 by backing its management buyout from IKON Office Solutions.
ISIS investment director Benoit Broch said, “We are pleased with the successful realisation of Kafevend. We wish the Management team every success in their new home at Eden, where there is a significant opportunity for further growth in the workplace drinks market.
“Kafevend has been a success story in our investment period in which continued growth has been achieved and market leadership established.”
Back in November ISIS exited its stake in software developer CSC World for a 2.4-times cash return.
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