Capstone Financial Advisory Services Team Completes CRO Engagement on Behalf of ActiTech
Capstone’s Financial Advisory Services (FAS) team is pleased to announce the successful completion of its engagement as Chief Restructuring Officer (CRO) and 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.