Peakstone Advises on Sale of FoodPharma to New Harbor Capital

M&A Advisor

June 2021. Peakstone served as exclusive advisor to Food Technology and Design, LLC dba FoodPharma LLC in connection with its sale to New Harbor Capital.

Founded in 2000 and headquartered in Santa Fe Springs, California, FoodPharma is an R&D-focused contract manufacturer of proprietary functional and nutritional foods focused on healthy living end markets. FoodPharma leverages a large portfolio of over 500 proprietary formulas and recipes, as well as in-house research, development, and formulation capabilities, to deliver innovative, functional food products to its customers.

“My experience working with the Peakstone team as advisors to our transaction was extraordinary,” said Glen Marinelli, President of FoodPharma. “Peakstone brought deep M&A experience and domain knowledge in the functional foods space, as well as a consistent focus on the details and challenges that we faced. As expert M&A advisors, Peakstone’s relentless commitment, from the beginning and throughout the process, brought me great comfort. Peakstone was instrumental to achieving our success.”

Terms of the transaction were not disclosed

For additional information please contact:

Eric Dziedzic, Managing Director, 312-346-7314,

Mike Taylor, Managing Director, 312-346-7346,

Alex Fridman, Managing Director, 312-346-7303,

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit To receive investment and proprietary acquisition opportunities, please register at