Satori Capital Invests in SunTree Snack Foods
DALLAS, Nov. 19, 2015 /PRNewswire/ -- Satori Capital ("Satori"), a Texas-based multi-strategy investment firm, announced today that it completed a majority investment in SunTree Holdings, LLC ("SunTree"). Based in Phoenix, Arizona, SunTree is a producer of branded and private-label nuts and dried fruit including roasted and salted nuts, trail mixes, and chocolate and yogurt-covered nuts. SunTree's annual revenue has doubled since 2012 from approximately $50 million to more than $100 million.
"SunTree is a quintessential Satori portfolio company," said Sunny Vanderbeck, managing partner of Satori Capital. "It is a rapidly growing business led by a sustainably minded team providing 'better-for-you' snacks in an industry with significant tailwinds."
Satori's investment in SunTree is an example of Satori's strategy to employ the principles of conscious capitalism and to participate in the shift in consumer demand toward healthy snacks. SunTree serves discerning customers including big-box retailers and national grocery stores.
"We chose Satori Capital as our partner because its long-term perspective and deep operational expertise enable it to build sustainable, industry-leading companies over an extended time horizon," said David Turner, founder and chief executive officer of SunTree. "Satori's investment will enhance our ability to continue providing creative and innovative food products to new and current customers from our existing plant, which has the highest Safe Quality Food (SQF) rating in the industry and the current capacity to double production."
About Satori Capital
Satori Capital is a Texas-based multi-strategy investment firm founded upon the principles of conscious capitalism. Satori's private equity business partners with leadership teams of companies with $5 million to $25 million of EBITDA that operate with a long-term perspective, commit to their mission or purpose, and create value for all stakeholders. Satori's alternatives investment platform, Satori Alpha, creates and manages customized portfolios designed to meet the unique objectives of institutions, family offices, and sophisticated private investors. For additional information, please visit www.satoricapital.com.
About SunTree Holdings
Based in Phoenix, Arizona, SunTree Holdings, LLC is a holding company for SunTree Snack Foods, LLC ("SSF") and Southwest Commodities, LLC ("SC"). SSF is a producer of branded and private-label nuts and dried fruit that serve as significant sources of healthy fats, dietary fiber, and protein. The company's products include roasted and salted nuts, trail mixes, chocolate and yogurt-covered nuts, and flavored nuts. SC is an agricultural brokerage business, which facilitates the procurement of raw materials for SunTree and other manufacturers.
Contact
Satori Capital
Hope Kahan, 214-390-6282
[email protected]
SOURCE Satori Capital
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