North Castle Closes Flatout Recapitalization

North Castle Partners, along with several co-investors, announced the recapitalization of premium flatbread maker Flatout, Inc. in partnership with co-founders Stacey and Mike Marsh. Flatout manufactures and markets healthy, premium flatbreads, wraps, and snack crisps sold under its own Flatout brand to the grocery, mass, club store and food-service channels. North Castle Partners is a leading private equity firm focused exclusively on investments in consumer-driven product and service businesses that benefit from "Healthy Living and Aging" trends, through its current investments in such companies as Atkins Nutritionals and Bora Bora Organic Foods, a brand of natural functional foods based on authentic Polynesian superfruits, as well as prior successful investments in EAS, Naked Juice, and Enzymatic Therapy. For further information about the transaction, click here. Morrison Cohen LLP represented North Castle Partners on the transaction.