PeaTos, a better for you snack food company, focused on healthier alternatives to traditional junk food options had been operating and growing successfully since 2011

The company has grown a cult-like following generating ~$6MM in annual sales and had raised $20MM in capital at very strong valuations

With the change in the capital markets environment in 2023, funding dried up and valuations plummeted. CPG entered a challenging period with limited resources to thrive. Something had to change.

PeaTos was able to quickly reevaluate its business and make dramatic changes to its cap table, balance sheet, and business operations in a successful out-of-court process, and subsequently raise new capital with Founder in charge of the entire process both before and after.