Strategy | Financing Transactions
Private Placement / Financing Transactions

THIS: The company raised GBP 20 million of Series C venture funding in a deal led by Planet First Partners on June 17, 2024. The company is a producer of plant-based meat alternatives.

Zordi: The company raised $20 million of Series B venture funding from undisclosed investors on June 20, 2024. The company is a developer of agricultural technology designed to create autonomous greenhouse technology with integrated robots.

It’s Skinny: The company raised $3.8 million of venture funding from undisclosed investors on June 20, 2024. The company is a producer of low-calorie and low-carb plant-based pasta.

PerfectTed: The company raised GBP 1 million of venture funding from Flight Fund on June 20, 2024. The company is a provider of matcha-based energy drinks.


M&A Transactions

Primo Water / BlueTriton Brands: BlueTriton Brands and Primo Water have entered into an agreement as of June 17, 2024 to form a company with combined net revenue and adjusted EBITDA of $6.5 billion and $1.5 billion, respectively, for the twelve month period ended March 31, 2024. The company is a provider of packaged water and hydration solutions.

The Zidian Group / Lassonde Industries: The company reached a definitive agreement to be acquired by Lassonde Industries for $235 million on June 21, 2024. The company is a manufacturer of Italian food products.

The Lakes Distillery / Nyetimber: The company was acquired by Nyetimber for GBP 46.1 million on June 23, 2024. The company is an operator of a distillery intended to produce various alcoholic beverages.

Virage Santé / LSL Pharma Group: The company was acquired by LSL Pharma Group for $2.5 million on June 18, 2024. The company is a manufacturer and distributor of natural health products such as Lalma herbal teas, probiotics and supplements.

Big Fish Restaurant Group / Atlas Restaurant Group: An undisclosed stake in the company was acquired by Atlas Restaurant Group on June 17, 2024. The company is a supplier of seafood based in Rehoboth Beach, Delaware.

Chateau Des Charmes Wines / Multiple Investors: The company was acquired by a group of Canadian investors for an undisclosed amount on June 21, 2024. The company is a producer of wine products.

Cheeze Kurls / Nexus Capital Management: The company was acquired by Nexus Capital Management, Mr. Jamie Colbourne, and its management through an LBO on June 17, 2024 for an undisclosed amount. The company is a producer of salty snack foods.

Col Solare / Marchesi Antinori: The company reached a definitive agreement to be acquired by Marchesi Antinori for an undisclosed amount on June 20, 2024. The company is an operator of a winery based in Benton City, Washington.

Farol / Unknown Investor: The company was acquired on an undisclosed date. The company is a producer of flours and oils.

Fulton Market Chicago / Moesle Meat Distribution: The company was acquired by Moesle Meat Distribution, via its financial sponsors Shore Capital Partners and Ellery Partners, through an LBO on June 20, 2024 for an undisclosed amount. The company is a distributor of meat products.

PilotsFriend / Unknown Investor: The company reached a definitive agreement to be acquired for an undisclosed amount as of June 17, 2024. The company is a producer of organic energy drinks and tonics.

RDV Vineyards / Chateau Montrose: The company was acquired by Chateau Montrose for an undisclosed amount on June 17, 2024. The company is a producer of wines based in Delaplane, Virginia.

Seminar Brewing / Multiple Investors: The company was acquired by Mr. Cooper Thomas and Mr. Tim Norwood for an undisclosed amount on June 19, 2024. The company is an operator of a brewery based in Florence, South Carolina.

True Fruits / Eckes-Granini: The company was acquired by Eckes-Granini, a subsidiary of Eckes, for an undisclosed amount on June 21, 2024. The company is a producer and supplier of fruit drinks and fruit related products based in Bonn, Germany.

YASAI / GreenState: The company was acquired by GreenState for an undisclosed amount on June 18, 2024. The company is a producer of fresh foods through indoor vertical farming operations.


Source: Pitchbook Data, Inc.


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