Swander Pace Capital Partners, a private equity firm specializing in consumer product companies, completed the investment in T-Bev, a manufacturer and distributor of tea extracts, instant tea, natural and organic caffeine and other botanical extracts. Financial terms were not disclosed. "We are thrilled to be partnering with Swander Pace Capital, which brings extensive expertise in the functional ingredients and broader consumer product sectors, to help us accelerate our value creation and growth initiatives," Anson Gu, T-Bev President.