Claremont EAP
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Claremont EAP - overview
Established
1990
Location
Alameda, CA, US
Primary Industry
Business Support Services
About
Claremont EAP is a company specializing in high-quality tea products, offering a diverse range of premium teas sourced for their unique flavors and health benefits, catering to individuals and businesses alike. Claremont EAP, founded in 1990, is based in Alameda, US. The company focuses on providing premium tea products and has undergone a strategic acquisition by Integrated Behavioral Health, Inc. , a portfolio company of Periscope Equity, in August 2020, with financial terms not disclosed.
The founder's background is not detailed publicly. Claremont EAP specializes in providing high-quality tea products, focusing on a range of premium teas sourced from various regions known for their unique flavors and health benefits. The company serves both individual consumers and businesses, offering diverse tea blends that cater to various tastes and preferences. Their core product offerings include black, green, white, and herbal teas, with specific blends aimed at enhancing wellness and providing functional benefits, such as relaxation and revitalization.
Claremont EAP targets health-conscious consumers, tea enthusiasts, and businesses such as cafes and restaurants looking to enrich their beverage offerings. The company primarily operates in North America and Europe, utilizing both online and retail channels to reach its customer base. Claremont EAP generates revenue through direct-to-consumer sales and B2B partnerships, primarily through subscription models and wholesale arrangements with retailers. The company engages with customers via its online platform, where they can purchase individual products or subscribe for regular deliveries of their preferred tea blends.
The transaction structure allows for flexible pricing plans based on volume purchases, catering to both individual and corporate clients. The flagship products, which include signature blends and limited-edition seasonal offerings, are positioned to attract a premium market segment. This financial model supports sustainable revenue growth while fostering long-term relationships with clients across various geographic markets. Claremont EAP plans to enhance its product range by launching new tea blends aimed at specific health benefits, with expected releases throughout 2021.
The company is also targeting expansion into the Asian market by the end of 2022, recognizing the growing demand for premium tea products in the region. Following its recent acquisition by Integrated Behavioral Health, Inc. , Claremont EAP intends to utilize the strategic support and resources from this partnership to fund its growth initiatives, including marketing efforts and product development.
Current Investors
Integrated Behavioral Health, Inc.
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.claremonteap.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Claremont EAP - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Claremont EAP | - |
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