The Coffee Bean & Tea Leaf

Coffee Bean plans exit strategy with IPO or sale

The Coffee Bean & Tea Leaf chief executive and president Mel Elias said his company would be planning an exit strategy in order to generate funds for its growth expansion in southern California and north Asia.

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PE firms take stake in The Coffee Bean & Tea Leaf

Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.

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