Brown Gibbons Lang & Company (BGL) is pleased to announce that its client, Altamont Capital Partners, has made an equity investment into Nutrition 101, Inc. (“101”), a leading provider of eco-friendly, waste management services for food processors and retailers. BGL’s Environmental & Industrial Services investment banking team served as the exclusive financial advisor to Altamont Capital Partners on the transaction. The specific terms of the transaction were not disclosed.
101 was founded by Ross Peter and has been owned and operated by the Peter family for more than 30 years. Headquartered in Pendleton, Indiana, the company’s service offerings involve the repurposing of food residuals from manufacturers and retailers into nutritious livestock feed, compost, and green energy products like bio-gas – reducing waste, landfill usage, and greenhouse gas emissions. 101 has become a go-to partner for regional, national, and global food manufacturers seeking end-to-end waste management solutions that reflect their own sustainability goals, with a customer base including food processors, food retailers, livestock producers, recycling centers, and anaerobic digestors.
The company currently operates three state-of-the-art facilities, allowing it to efficiently support customers and strong demand across the United States. Altamont’s investment will allow 101 to continue providing best-in-class service, reach new customers, and expand its geographic footprint.
Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to reach their full potential. The firm’s principals have significant experience building business success stories across a range of industries, including business services, financial services, healthcare, consumer/retail, and industrials.