Consumer Private Placement and M&A Transactions Review Week Ending August 6, 2023

Popeyes Louisiana Kitchen: The company received GBP 50 million of development capital from TDR Capital on August 1, 2023. The company is an operator of a franchisee of fast-food restaurants, bakeries and cafes.

Yellowbird Foods: The company raised $12.5 million of venture funding from undisclosed investors on July 31, 2023. The company is a producer of all-natural, spicy pepper condiments.

Cala: The company raised an undisclosed amount of Series A venture funding from Wejchert Capital in August 2023. The company is an operator of fast-food kitchens intended to offer customized pasta.

Happy Wolf: The company raised an undisclosed amount of venture funding from Habitat Partners in August 2023. The company is a manufacturer of kids’ protein snack bars.

Hedlum: The company raised an undisclosed amount of venture funding from Habitat Partners in August 2023. The company is a supplier of non-alcoholic craft beer.

Intent: The company raised an undisclosed amount of Series A venture funding from BioGenerator on August 2, 2023. The company is an agriculture software and services business that conects customers in agriculture, and those investing in agriculture, with farmers.

Mushlabs: The company raised an undisclosed amount of venture funding from Grey Silo Ventures in August 2023. The company is a developer of fermentation technology designed to produce healthier and more sustainable foods.

Nutcase: The company raised an undisclosed amount of venture funding from Dream Ventures in August 2023. The company is a developer of ready-to-drink nut milk intended for people with dietary restrictions.

Kevin’s Natural Foods / Mars: Kevin’s Natural Foods was acquired by Mars for $810 million on August 1, 2023. Kevin’s Natural Foods is a manufacturer and supplier of health-forward food products based in Stockton, California.

Bang Energy / Monster Beverage: Bang Energy was acquired by Monster Beverage, a subsidiary of Fresh Juice Global, for $362 million on July 31, 2023. Bang Energy is a producer of sports nutrition drinks.

Workshop Coffee / Unknown Investor: Workshop Coffee was acquired through a management buyout for GBP 2.2 million on August 1, 2023. Workshop Coffee is a provider of coffee products and accessories based in London, United Kingdom.

Alpha Foods / Livekindly: Alpha Foods was acquired by Livekindly for an undisclosed amount on August 1, 2023. Alpha Foods is a producer of plant-based food products.

AMES International / Puyallup Tribe Of Indians: AMES International was acquired by Puyallup Tribe Of Indians for an undisclosed amount on August 3, 2023. AMES International is a producer of gourmet nuts, teas, and confections intended to serve the food and beverage sector.

Bounce Foods / Go Natural Australia: Bounce Foods was acquired by Go Natural Australia, a subsidiary of PharmaCare Laboratories, for an undisclosed amount on August 3, 2023. Bounce Foods is a producer of healthy snacks based in Deeside, United Kingdom.

Dancing Goats Coffee / Kaldi’s Coffee Roasting Co: Dancing Goats Coffee was acquired by Kaldi’s Coffee Roasting Co for an undisclosed amount on August 1, 2023. Dancing Goats Coffee is a producer of coffee products based out of Olympia, Washington.

Fiorucci Foods / Navigator Group: Fiorucci Foods, a subsidiary of Campofrio Food Group, was acquired by WhitePark Capital and Navigator Group, through an LBO on August 1, 2023 for an undisclosed amount. Fiorucci Foods is a producer of processed meat products based in South Chesterfield, Virginia.

Marie Morin Canada / Lactalis Canada: Marie Morin Canada reached a definitive agreement to be acquired by Lactalis Canada, a subsidiary of Parmalat, for an undisclosed amount on August 1, 2023. Marie Morin Canada is a producer of dessert food products based in Saint-Bruno-de-Montarville, Canada.

Naked Foods / Meadow Foods: Naked Foods was acquired by Meadow Foods, via its financial sponsor Exponent Private Equity, through an LBO on August 3, 2023 for an undisclosed amount. Naked Foods is a manufacturer of fruit and confectionery preparations.

Nom Bites / Serious Sweets Company: Nom Bites was acquired by Serious Sweets Company for an undisclosed amount on August 4, 2023. Nom Bites is a producer of snacks and treats products based in London, England.

Tanteo Spirits / Ole Smoky Distillery: Tanteo Spirits was acquired by Ole Smoky Distillery, via its financial sponsors Apax Partners and Patricof Company, through an LBO on August 1, 2023 for an undisclosed amount. Tanteo Spirits is a producer of tequila based in Brooklyn, New York.

True North Brew Co / Cocktails and Craft Beers: True North Brew Co was acquired by Cocktails and Craft Beers for an undisclosed amount on August 3, 2023. True North Brew Co is an operator of a brewing company headquartered in Sheffield, United Kingdom.

Weibel Family Vineyards & Winery / Rack & Riddle Custom Wine Services: Weibel Family Vineyards & Winery was acquired by Rack & Riddle Custom Wine Services, via its financial sponsor SBJ Capital, through an LBO on July 31, 2023 for an undisclosed amount. Weibel Family Vineyards & Winery is an operator of a winery based in Lodi, California.