Capstone’s Financial Advisory Services (FAS) team is pleased to announce the successful completion of its engagement as Financial Advisor during a Chapter 11 reorganization for Texas-based ActiTech, a contract manufacturer of premium personal care products, including skincare products and nutraceuticals.
The company was successfully able to reorganize under Subchapter 5 of the bankruptcy code and emerge as an operational entity. Various challenges in client’s particular circumstances resulted in this being a precedent-setting case in the Northern District of Texas Bankruptcy Court.
ActiTech, the manufacturing subsidiary of ActiFirm, is a full-service provider of cutting-edge custom formulations and total quality production of natural and organic personal care, hair care, beverage, and other products.