Strategy | Financing Highlight 
Private Placement / Financing Transactions

Umiami: The company raised EUR 32.5 million of Series A venture funding in a deal led by Bpifrance on October 3, 2023. Newfund Management, Redalpine Venture Partners, Verso Capital, and Astanor Ventures also participated in the round. The company offers plant-based whole-cuts that provides alternatives to meat and fish products.

Leaf: The company raised $14.5 million of venture funding from undisclosed investors on October 6, 2023. The company’s software integrates technology, and provides farmers with an aggreggated, standardized, and secure API platform to access agriculture data.

Bespoken Spirits: The company closed on $12 million of an undisclosed targeted amount of venture funding on October 5, 2023. The company’s production includes whiskeys, rum, brandy, and tequila through sustainable science and technology.

Dented Brick Distillery: The company is in the process of raising $5.7 million of venture funding from Millennium Trust Company, Angel Heart, Quin Buchanan, Rolling Hills Holdings and Roach Family Trust on October 4, 2023, putting the company’s pre-money valuation at $31.3 million. Marc Christensen also participated in the round. The company’s distillery produces craft whiskey, gin, rum, and vodka.

Kloster Kitchen: The company raised EUR 1 million of venture funding from BayBG Bayerische Beteiligungsgesellschaft on October 5, 2023. The company provides a variety of flavoured ginger shots which include turmeric, pomegranate, cranberry, acai and pineapple.

Thomas Ashbourne Craft Spirits: The company raised an undisclosed amount of venture funding from InvestBev on October 3, 2023. The company is a producer of pre-made canned and bottled cocktails.


M&A Transactions

Effegi Service / Krustagroup: The company was acquired by Krustagroup for an undisclosed amount on October 4, 2023. The company offers a variety of seafood such as scallops, crabmeat, squid, prawns, sea salad, and cuttlefish.

Goulibeur / Maison Duprez: The company, a subsidiary of ATOM Group was acquired by Maison Duprez for an undisclosed amount on October 6, 2023. The company is a producer of baked shortbread biscuits located in Poitiers, France.

Junkless / Impact Capital Private Equity: The company was acquired by Impact Capital Private Equity through an LBO on October 4, 2023 for an undisclosed amount. The company produces breakfast and snack food products that are less processed than leading brands.

Legacy Wine and Spirits / Individual Investors: The company was acquired by Brandon and Michele Brewer for an undisclosed amount on October 4, 2023. The company, based in Little Rock, Arkansas, produces wine, spirits, beer, cocktails and tobacco.

Spero / Superlatus: The company was acquired by Superlatus, a subsidiary of TRxADE Health, for an undisclosed amount on October 4, 2023. The company is a producer of plant-based dairy products intended to provide alternatives at the same price as animal products.

Sugar Foods / Pritzker Private Capital: The company was acquired by Pritzker Private Capital and its management through an LBO on October 3, 2023 for an undisclosed amount. The company manufactures sugars, zero-calorie sweeteners, salad toppings, stuffing, and snacks.


Source: Pitchbook Data, Inc.

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