Representative Transactions

Gaspari Nutrition, Inc. has continued operations through a transaction with Allegro Nutrition, Inc.

TRANSACTION LEADERS

Gaspari Nutrition, Inc. – SC&H Capital was retained to explore the sale of substantially all of the Company’s assets. With sales falling rapidly, Gaspari faced imminent closure or an involuntary bankruptcy filing due to creditor pressures. SC&H immediately brought in a Chief Restructuring Officer, thereby gaining agreement from Gaspari’s lender to continue to finance operations. The senior lender then provided Debtor-In-Possession financing when the Company filed Chapter 11 to bridge the company to a sale.

SC&H Capital conducted a comprehensive marketing process, which produced an international array of potential buyers and investors, including multiple strategic and financial parties interested in purchasing the Company as a going concern. Allegro Nutrition, an Irish company, submitted a formal offer subject to higher and better offers at a going concern auction. The backup bidder was a South African investor group. A total of four bidders participated in the auction and after 50 bids were made, the price of the company had increased by 104%, with Allegro emerging as the winning bidder.

The founder was able to retain a 30% equity stake and continue his employment with incentives to earn additional equity. Gaspari Nutrition, Inc. continues operations today, now with proper funding, capitalizing on its strong brand presence and the growth in the sports nutrition industry.