Talbott Teas
Talbott Teas - Specialty Food
Pitch Details
Season / Episode
S3E5
Feb 17, 2012
Ask
$250,000
for 20%
Ask Valuation
$1.3M
Deal
$250,000
for 35%
Watch the Pitch
Deal Terms
Amount$250,000
Equity35%
Valuation$714,286
Kevin O'LearyWhat Happened Next
Acquired
Acquired by Jamba Juice for an undisclosed amount in 2012
$5M
estimated
- Appeared on Season 3, made deal with Kevin O'Leary for $250K for 35%
- Premium loose-leaf tea brand
- Acquired by Jamba Juice in 2012, reportedly for a significant return
- Kevin O'Leary has cited this as one of his best Shark Tank investments
- Teas were sold through Jamba Juice locations nationwide
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