Twin Falls, Idaho-based BBRC Private Equity has made an investment in Plant Therapy, a provider of essential oils and accessories. No financial terms were disclosed. Focal Point, Glaser Weil and Green Hasson & Janks advised Plant Therapy on the transaction while Seward & Kissel and CohnReznick did likewise for BBRC Private Equity.
TWIN FALLS, IDAHO (PRWEB) JUNE 10, 2019
Plant Therapy, LLC, a leading direct-to-consumer supplier of essential oils and accessories, announced today that it has received a minority investment from BBRC Private Equity.
Founded in 2011, Plant Therapy has long been a leader in providing the highest-quality essential oils directly to consumers through the company website, http://www.planttherapy.com, local retail partners and at online retailers including Amazon. With an extensive product catalog that spans across essential oil singles, blends and organic options, Plant Therapy is also one of the only essential oil providers offering unique products for both children and pets through its KidSafe and Pup & Pony lines.
Recent product line expansions have seen Plant Therapy extend its expertise into everyday products powered by essential oils, including:
Evoke – 100 percent plant-based scents for home fragrance
Balm Squad – the perfect natural on-the-go skin soother and first aid companion
All Natural Lip Balm – keeps lips soft and smooth with all-natural ingredients
Robert Farinholt, managing partner of BBRC Private Equity, says: “We’re thrilled to partner with Chris Jones and Plant Therapy. The Plant Therapy brand embodies high-quality products and incredible customer service in an exciting niche within the consumer industry. We are committed to helping the company grow both inside and outside the essential oils category while supporting the team’s commitment to good causes.”
Chris Jones, Plant Therapy’s CEO, continued, “Choosing BBRC Private Equity as a financial partner became clear when we saw they shared our dedication to providing the highest quality products at reasonable prices with an unwavering focus on safety and education. At Plant Therapy, our goal is to have the greatest possible impact on as many people as possible and BBRC can help us achieve that objective.”
Plant Therapy’s transaction advisers included Focal Point, Glaser Weil, and Green Hasson & Janks while BBRC Private Equity used Seward & Kissel and CohnReznick. Financial terms were not disclosed.
About Plant Therapy
Founded in 2011, Plant Therapy is a leading supplier of essential oils and accessories. Based in Twin Falls, Idaho, we provide the absolute highest-quality essential oils and are committed to educating our customers on their uses, safety and efficacy. Our products include organic essential oils, carrier oils, blends, KidSafe Synergies and pre-diluted roll-ons as well as accessories such as diffusers, books and natural body care. Find more information on our website: https://www.planttherapy.com.
About BBRC Private Equity
BBRC Private Equity serves as the direct investing group within the international holding company, BBRC Worldwide. The firm’s exclusive focus is to invest in growing consumer and retail businesses and to back founders and management teams in achieving their long term visions. Founded 40 years ago, BBRC has a long track record of investing in innovative and entrepreneurial businesses. In the U.S., BBRC Private Equity has made a number of investments in growing brands, including Hot 8 Yoga and Plant Therapy. The firm specializes in growth equity, minority and majority investments ranging from $10 million to over $50 million. Find more information on the website: https://www.bbrcpe.com/.