It's Skinny, Alternative Pasta Innovator, Lands Growth Funding from Decathlon Capital Partners
Summary
Bryan Guadagno, Founder and Chief Executive officer of Its Skinny, said the funding will support the Texas companys introduction of new product lines as well as expanded distribution. "This funding provides important support for Its Skinny as our company meets the growing demand from consumers for our delicious and convenient low-calorie pasta products," Guadagno said. "The company-friendly funding package from Decathlon Capital Partners allows us to move forward with expanding our distribution and introducing new products in a range of healthy pasta categories. "John Borchers, Managing Director of Decathlon Capital Partners, said Its Skinny has established a solid position in the better-for-you food sector since its launch in 2020. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding.