Snowy Mountain water was one of Australia’s most well known and iconic beverage brands. The business had been through a chain of ownership changes prior to our engagement. It functioned as a manufacture, sales marketing and distribution model which was very capital intensive. The business was also saddled with substantial bank debt resulting from the transfer of ownership.
Tauro Capital advised the Company on its capital raising and brought a private high net worth investor to the table who offered to inject $5 million for a significant equity stake.