Altamont Capital Partners (Altamont) has made an equity investment in Nutrition 101 (101), a provider of eco-friendly, waste management services for food processors and retailers. Terms of the transaction have not been disclosed.
Founded by Ross Peter, and owned and operated by the Peter family for more than 30 years, 101 provides sustainable, end-to-end waste management solutions for regional, national, and global food manufacturers. 101’s service offering involves the repurposing of food residuals from manufacturers and retailers into nutritious livestock feed, compost, and green energy products like bio-gas – reducing waste, landfill usage, and greenhouse gas emissions.
Altamont’s investment will allow 101 to continue providing best-in-class service, reach new customers, and expand its geographic footprint.
The company currently operates three state-of-the-art facilities, allowing it to efficiently support customers and strong demand across the Unites States. 101’s CEO, Cory Peter, will continue in that role following Altamont’s investment.