Mighty Leaf gets equity investment funding
Mighty Leaf Tea, producer of premium gourmet tea, has received an equity investment from VMG Partners, a private equity firm specializing in building branded consumer products companies, for a reported 20% stake in the company. The tea manufacturer from San Rafael, CA offers a wide range of artisan teas distributed primarily through specialty retailers, restaurants and hotels. VMG hopes that improved demand in premium products and increased awareness of teas health benefits will drive future growth in this niche sector.