The Leavitt Corporation, a family-owned and operated branded peanut butter manufacturer, retained Shields & Company to assist in the valuation, structure, and management of the recapitalization of the Company. This complex generational ownership transfer of The Leavitt Corporation included raising senior debt capital necessary to facilitate the transaction. As a result, The Leavitt Corporation is positioned to grow and continue its local family-owned and operated business legacy.
The Leavitt Corporation was established in Boston, Massachusetts in 1924. Today, the Company is one of the largest independent processors of nuts and peanut butter in the United States with automated processing in several production lines for roasted nuts and peanut butter. Its brands include Teddie™ Peanut Butter, River Queen Nuts™, and Americana Nuts™. The Company only uses high quality 100% fancy grade nuts to strict product specifications.