Graycliff Partners Announces Credit Investment in Rishi Tea & Botanicals
Graycliff Partners announced it has completed a unitranche debt & minority equity investment in support of SBJ Capital’s acquisition of Rishi Tea & Botanicals.
Rishi is the leading selector, importer, and maker of organic, direct trade tea and botanicals. Founded on the commitment to set the standard for quality and expand the awareness of tea and its rich, inspirational tradition, Rishi offers premium tea and botanicals imported directly from growers across the world. From modest beginnings in 1997 to becoming an established leader in the specialty tea market, Rishi’s mission has never wavered.
“We are thrilled to have the opportunity to partner with SBJ and management and back a leading, fast-growing brand in the specialty tea category. We look forward to supporting SBJ and the management team through the company’s next phase of growth,” said Troy Iskarpatyoti, Principal at Graycliff Partners.