Consumer Private Placement and M&A Transactions Review Week Ending December 17, 2023

A-Game: The company raised $10.4 million of venture funding from undisclosed investors on December 15, 2023. The company is a provider of energy beverages.

Nine Banded Whiskey: The company raised $10 million of Series A venture funding in a deal led by No Sleep Beverage on December 14, 2023. Phoenix Capital Ventures and other undisclosed investors also participated in the round. The company is an operator of a whiskey distillery based in Austin, Texas.

Still Austin Whiskey: The company raised $5.6 million of venture funding from undisclosed investors on December 13, 2023. The company is an operator of a whiskey distillery based in Austin, Texas.

Inalve: The company raised EUR 2 million of venture funding from Kreaxi, Seventure Partners and Angelor on December 14, 2023. The company is a developer of microalgae ingredients intended to provide sustainable animal feed.

Wheyward Spirit: The company is in the process of raising $1.5 million of venture funding from undisclosed investors on December 15, 2023. The company is a producer of lactose-based spirits intended to convert whey into alcohol.

Øzers: The company closed on EUR 1.3 million of an undisclosed targeted amount of venture funding on December 15, 2023. The company is an operator of a plant-based sports nutrition brand.

Masienda: The company raised $1 million of venture funding from undisclosed investors in the form of convertible debt on December 12, 2023. The company is a producer of non-genetically modified maize, beans, focorn tortillas and companion products.

Courvoisier / Gruppo Campari: The company, a subsidiary of Beam Suntory reached a definitive agreement to be acquired by Gruppo Campari for $1.2 billion on December 14, 2023. The company is a manufacturer of wines and spirits.

Daou Vineyards / Treasury Wine Estates: The company was acquired by Treasury Wine Estates, a subsidiary of SABMiller, for an estimated $1 billion on December 13, 2023. The company is a producer of wine and alcoholic beverages based in Paso Robles, California.

La Colombe Coffee Roasters / Chobani: The company was acquired by Chobani, through a $900 million LBO, on December 15, 2023. The company is an operator of a chain of coffee shops intended to serve consumers across multiple channels, including the retail trade, branded cafes and direct-to-consumer.

1440 Foods Company / Bain Capital: The company entered into a definitive agreement to be acquired by Bain Capital through an LBO on December 13, 2023 for an undisclosed amount. The company provides nutrition bars, powders and other products to promote sports and active nutrition health.

Aeronaut Brewing / Tasty Liquid Alliance: The company reached a definitive agreement to be acquired by Tasty Liquid Alliance for an undisclosed amount on December 14, 2023. The company is an operator of a craft brewery based in Somerville, Massachusetts.

Agral / Briois: The company was acquired by Briois for an undisclosed amount on December 15, 2023. The company is a producer of butter based in Courcelles, Belgium.

Benestar Brands / Palmex Alimentos: The company entered into a definitive agreement to be acquired by Palmex Alimentos, via its financial sponsor Wind Point Partners, through an LBO on December 11, 2023 for an undisclosed amount. The company is a producer of branded, co-packed and private-label pork snacks.

Demakes Enterprises / TowerBrook Capital Partners: The company was acquired by TowerBrook Capital Partners through an LBO on December 14, 2023 for an undisclosed amount. The company is a producer and distributor of marinated and deli meat products based in Lynn, Massachusetts.

KT Produce / Indianapolis Fruit Company: The company was acquired by Indianapolis Fruit Company, via its financial sponsors Monroe Capital, Bratenahl Capital Partners, Wind Point Partners, Kaulig Capital and PSP Partners, through an LBO on December 14, 2023 for an undisclosed amount. The company is a supplier of fruits and vegetables based in Lowell, Arizona.

Shearer’s Snacks / Clayton, Dubilier & Rice: The company entered into a definitive agreement to be acquired by Clayton, Dubilier & Rice through an LBO on December 13, 2023 for an undisclosed amount. The company is a manufacturer and distributor of snack products based in Massillon, Ohio.

Thirsty Whale Bakery / YoYo Donuts: The company was acquired by YoYo Donuts for an undisclosed amount on December 13, 2023. The company is a producer of bakery products based in Minneapolis, Minnesota.

Two Trees Beverage Co. / MDWerks IR: The company was acquired by MDWerks IR for an undisclosed amount on December 13, 2023. The company is a producer of alcoholic beverages for private labels based in Fletcher, North Carolina.