Sweet Leaf Tea Company
In March 2002, Milestone recapitalized an entity in Beaumont, Texas known as Sweet Leaf Tea Company. The company manufactures and distributes all natural, ready-to-drink iced tea products. Milestone provided equity for working capital, new inventory production and the development of new iced tea flavors and an enhanced geographic distribution network. Once recapitalized, the company moved its headquarters to Austin, Texas. Since the investment was made, four new flavors have been added, distribution has expanded throughout the state of Texas and numerous other states and the company has developed a solid presence in major national grocery stores, natural food stores and convenience stores.
In May 2006, Milestone sold its interest in Sweet Leaf Tea to an affiliate of Freestone Partners, LLC, a private equity group also based in Houston, Texas. The internal rate of return to the Milestone group for its investment in the company was in excess of 30%.
Three Riverway 
Suite 1010
Houston, Texas 77056
telephone
713 993 0303
facsimile
713 993-0711
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