Freestone Partners Increases Investment In Sweet Leaf Tea
Houston, TX (PRWEB) April 26, 2008 -- Freestone Partners, LLC has continued its long-standing support of Austin-based beverage company Sweet Leaf Tea with an additional round of funding alongside Catterton Partners of Greenwich, Connecticut.
Sweet Leaf Tea has nearly doubled sales each year for the past five years. In addition, the tea maker has doubled its headcount in the last eight months, recently adding new sales, marketing and operations executives nationwide. Sweet Leaf is sold in every state through about 6,000 stores, with the company's strongest markets being Texas, Colorado and California.
"Freestone Partners has been great to work with," comments Clayton Christopher, CEO and founder of Sweet Leaf Tea. "They have made strategic introductions, and generously opened up their network of contacts. Their willingness to get personally involved by spending the time to understand our business and industry has made them a valuable partner."
George Clark, Managing Director of Freestone Partners and Sweet Leaf Tea board member remarked, "We are pleased to continue our history of support for Sweet Leaf Tea, and to gain a new partner in Catterton. We anticipate rapid growth and expansion of the Sweet Leaf brand, and expect great returns for our investors."
Headquartered in Houston, Texas, Freestone focuses on investments in companies with $10-$50 million in annual revenue and potential for substantial growth. Freestone principally targets companies in manufacturing, distribution, and commercial and industrial services.
For more information, contact Amy Glass at amy @ glassgroupcreative.com or 281-731-9139. You can visit Freestone Partners online at www.freestonepartners.com and learn more about Sweet Leaf Tea at www.sweetleaftea.com.
Available Images:
George Clark, Freestone Partners Logo, Sweet Leaf Tea logo
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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