An investor group led by Arthur Pergament, CEO of Pergament Advisors and Pergament LOHAS Fund has converted all its debt into equity and invested additional equity capital in Brad’s Raw Chips, a dehydrated snack food company.
Brad’s Raw Chips is a maker of raw snacks in chip form that are made using a combination of fresh vegetables, leafy greens, and sprouted nuts and seeds. The chips are dehydrated instead of baked or fried to ensure that all the nutrients and live enzymes are preserved. The company manufactures all of its products at its facility located north of Philadelphia in Pipersville, PA (www.bradsrawchips.com).
“Brad’s is a strong brand primed for tremendous growth with an energetic team of experienced professionals, said Arthur Pergament. “We appreciate all the retailer, customer, and partner support and we look forward to expanding Brad’s product selection. Brad’s mission is to provide a wide selection of the healthiest, highest quality foods with integrity and we strive to provide that to our customers every day.”
Pergament Advisors is family office managing a portfolio of assets in the public and private markets. The firm launched Pergament LOHAS Fund for investments focused in the health, wellness, and sustainability sector (LOHAS stands for “lifestyles of health and sustainability”). Pergament has invested in several health related food companies including Organic Avenue, Brad’s Raw Foods, Big Tree Farms, gimMe Organic, and Little Duck Organics. The firm was founded in 1999 and is headquartered in New York (www.pergamentlohas.com).
“These are exciting times at Brad’s Raw Foods as the new ownership will provide additional working capital and leadership for expanded growth via an increased level of research and development, innovative production technology and new products in the market place,” said Kemper Messner, Brad’s Corporate Controller.
© 2015 PEPD • Private Equity’s Leading News Magazine • 2-11-15
