Consumer Private Placement and M&A Transactions Review Week Ending Feb 25, 2024

Sharebite: The company raised $13.5 million of Series C venture funding from undisclosed investors on February 21, 2024, putting the company’s pre-money valuation at $136.45 million. The company is an operator of a corporate meal benefits platform that provides employees with a collection of meal choices from a network of local restaurants, whether employees are in the office, remote or following a hybrid model.

Nirvana Super: The company raised $6 million of venture funding in the form of convertible debt from undisclosed investors on February 22, 2024. The company is a producer of HMB infused, functional bottled water products.

Bayberry Beer Hall / Morin’s Hospitality Group: The company was acquired by Morin’s Hospitality Group for an undisclosed amount on February 25, 2024. The company is an operator of a beer hall based in Providence, Rhode Island.

Crest Foods / Harwood Private Equity: The company was acquired by Harwood Private Equity through an LBO on February 20, 2024 for an undisclosed amount. The company is a provider of dairy stabilizers, contract packaging, and branded and private label dry food manufacturing.

Flying Boats Brewing / Jalt Beverage Company: The company was acquired by Jalt Beverage Company for an undisclosed amount on February 22, 2024. The company is an operator of a craft beer brewing company.

GrazeCart / POS Nation: The company was acquired by POS Nation for an undisclosed amount on February 21, 2024. The company is a developer of an e-commerce platform designed to enable farms and butcher shops to sell directly to consumers.

High Cotton Brewing / Flyway Brewing: The company was acquired by Flyway Brewing for an undisclosed amount on February 21, 2024. The company is an operator of a brewery in Memphis, Tennessee.

Kbox Global / The Cloud: The company was acquired by The Cloud for an undisclosed amount on February 19, 2024. The company is a developer of a cloud kitchen technology platform designed to optimize commercial kitchen space and connect kitchens with food delivery brands.

Lansing Brewing / Individual Investor: The company was acquired by Mr Mark Rieth for an undisclosed amount on February 20, 2024. The company is an operator of a craft brewery and restaurant based in Lansing, Michigan.

Rabbit / Unknown Investor: The company, a subsidiary of Natsu Foods, was acquired for an undisclosed amount on February 19, 2024. The company produces ready made meals with fresh ingredients under private label, for large retailers in Belgium, the Netherlands, France & Germany.

Vood / Mama’s Maaltijden: The company was acquired by Mama’s Maaltijden for an undisclosed amount on February 21, 2024. The company is a producer of plant-based frozen meals.