NP Capital Advisors, a boutique investment and restructuring advisory firm, announced the successful recapitalization of PeaTos, the better-for-you snack food company known for its innovative approach to healthier snacking. Amid a challenging economic landscape and shifting capital markets in 2023, PeaTos overcame significant hurdles to reposition itself for sustained growth and innovation.
Founded in 2011, PeaTos gained a cult-like following for its healthier alternatives to traditional junk food, generating approximately $6 million in annual sales and securing $20 million in capital at strong valuations. However, the 2023 downturn in the capital markets and increased pressure on consumer packaged goods (CPG) companies created a critical need for a strategic overhaul.
PeaTos, with the leadership of its founder, successfully executed a comprehensive out-of-court restructuring process to streamline operations, recapitalize the business, and set the stage for future growth.
“PeaTos is a testament to the power of resilience and strategic ingenuity,” said Nick Desai, CEO at NP Capital Advisors. “By adapting to market conditions, optimizing its operations, and securing the trust of its stakeholders, the company not only survived a turbulent period but emerged stronger. We are proud to have supported this transformative process and look forward to PeaTos’ continued success.”
PeaTos’ revitalization highlights NP Capital Advisors’ expertise in navigating complex financial challenges and delivering tailored solutions that drive long-term value for businesses in highly competitive markets.
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