PE-backed tea retailer David's Tea prepares for IPO: Reuters
Privately held Canadian specialty tea retailer David's Tea, whose investors include Lululemon Athletica Inc founder Chip Wilson and Highland Consumer Fund, has selected banks for a potential initial public offering, sources told Reuters. The IPO could come later this year. The Boston-based Highland and Wilson made an minority investment in David's Tea in 2012.
10 February 2015•1 min read
