HTeaO FC, LLC.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
HTeaO FC, LLC. - overview
Established
2009
Location
-, TX, US
Primary Industry
Travel & Leisure
About
Based in Texas, US, and co-founded by Gary Hutchens and Kim Hutchens in 2009, HTeaO Franchising, LLP operates as a restaurant and franchise company. In January 2023, the firm’s minority stakes were acquired by Crux Capital and rive Capital. The firm as of January 2023, has 425 franchise licenses in 68 locations of 5 states namely Texas, Florida, Kansas, New Mexico, and Oklahoma, and is led by its CEO, Justin Howe. The company offers over 26 flavors of fresh brewed iced tea such as root beer, pink lemonade, sweet mint, unsweet peach ginger, etc.
through its franchise location. The other products offered by the company are hats, shirts, home brew, and coffee through its ecommerce website. The January 2023 partnership of HTeaO with Crux Capital and rive Capital will support the firm to expand into new geographical locations. The company also plans to open 93 units (franchise) which are under construction as of January 2023.
Current Investors
Trive Capital, Crux Capital
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.hteao.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
HTeaO FC, LLC. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | HTeaO FC, LLC. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.