Strategy | Financing Transactions
Private Placement / Financing Transactions

Lucky Energy: The company raised $11.75 million of Series A venture funding in a deal led by Brand Foundry Ventures on September 30, 2024, putting the company’s pre-money valuation at $64.6 million. Imaginary Ventures, Sugar Capital and Sapphire Ventures also participated in the round. The company is a producer and distributor of energy drinks.

OneSkin: The company raised $7 million of Series A venture funding from Able Partners, and other undisclosed investors on October 1, 2024, putting the company’s pre-money valuation at $138 million. The company is a provider of a topical skin supplement intended to target the root causes of skin aging.

Entosystem: The company raised $58 million of venture funding in a deal led by Sanimax, Idealist Capital and Fondaction on October 2, 2024. The company is a producer of insect-based proteins from food waste.

Brother Justus: The company raised $5.7 million of venture funding in the form of convertible debt from undisclosed investors on September 30, 2024. The company is an operator of a whiskey distillery.

El Guapo: The company raised $2.5 million of venture funding from The Angel Roundtable, and other undisclosed investors also participated in the round on October 3, 2024. The company is a producer of artisan syrups and bitters.

Sunnie: The company raised $1 million of venture funding in the form of SAFE notes from SWAT Equity Partners and other undisclosed investors on October 1, 2024. The company is a producer of pre-packaged snacks.

Cascade Coffee: The company received an undisclosed amount of development capital from LaSalle Capital on October 1, 2024. The company is a contract manufacturer of coffee products.

Dose: The company raised an undisclosed amount of venture funding from Unilever Ventures in October 2024. The company is a producer of organic wellness drinks and shots.

French Bloom: The company raised an undisclosed amount of venture funding from LVMH Moet Hennessy Louis Vuitton on October 2, 2024. The company is a producer of alcohol-free wine alternatives.

Nuud: The company raised an undisclosed amount of venture funding from BoxFund in October 2024. The company is a producer of chewing gum.

Petite Chou: The company received development capital from Hargett Hunter Capital Management in October 2024. The company is an operator of a French restaurant based in Indianapolis, Indiana.

Urban Legend: The company raised an undisclosed amount of venture funding from SnackFutures Ventures on October 1, 2024. The company is a producer of low-fat donuts.


M&A Transactions

Siete Family Foods / Pepsico: The company reached a definitive agreement to be acquired by Pepsico for $1.2 billion on October 1, 2024. The company is a producer of Mexican-American inspired, traditional grain-free food products.

Mademoiselle Desserts / Emmi: The company was acquired by Emmi, a subsidiary of Zentralschweizer Milchproduzenten, for EUR 900 million on October 4, 2024. The company is a manufacturer of frozen pastries and other baked goods.

La Compagnie Des Pyrenees / Acqua Santanna: The company was acquired by Acqua Santanna for EUR 50 million on September 30, 2024. The company is a producer of natural mountain mineral water, based in France.

Bonnie’s Jams / St.Cousair: The business unit of Bonnie’s Jams, was acquired by St.Cousair for $2.8 million on October 4, 2024. The company is a producer of processed jams and jellies based in Massachusetts.

Atelier Du Chocolat De Bayonne / Agour: The company was acquired by Agour for an undisclosed amount on October 1, 2024. The company is a producer of chocolate food products.

Big Picture Foods / Atalanta: The company was acquired by Atalanta for an undisclosed amount on September 30, 2024. The company is a producer of organic foods based in Barrington, RI, United States.

Big Tree Organic Farms / Once Again Nut Butter: The company was acquired by Once Again Nut Butter for an undisclosed amount on October 1, 2024. The company is a producer of organic almonds.

Chopstix Group / Kharis Capital: The company was acquired by QSRP, via its financial sponsor Kharis Capital, through an LBO on October 2, 2024 for an undisclosed amount. The company is an operator of a Pan-Asian restaurant chain catering to the United Kingdom and The Republic of Ireland.

Délidis / Solucious: Solucious reached a definitive agreement to acquire the Company, a subsidiary of Peeters-Govers, for an undisclosed amount on October 1, 2024. The company is a supplier of meat and fresh produce.

Delphy Groep / Royal Peterson Control Union Group: The company was acquired by Royal Peterson Control Union Group, a subsidiary of Ppf Participatie Fonds, for an undisclosed amount on October 3, 2024. The company is an operator of a consultancy business focused on optimising the production of food and flowers.

DSM-firmenich / Lesaffre: The yeast extract business unit of DSM-Firmenich was acquired by Lesaffre for an undisclosed amount on October 2, 2024. The company is a yeast extracting operation, based in Switzerland.

Gudrun Group / Natra: The company entered into a definitive agreement to be acquired by Natra, via its financial sponsor CapVest Partners, through an LBO on September 30, 2024 for an undisclosed amount. The company is a manufacturer of chocolates and truffles.

Mary’s Fish Galway / Glenmar Shellfish: The company was acquired by Glenmar Shellfish, a subsidiary of Lisavaird Co-Op, for an undisclosed amount on October 1, 2024. The company is a distributor and supplier of fish and seafood products based in Galway, Ireland.

Park 100 Foods / OSI Group: The company was acquired by OSI Group for an undisclosed amount on October 2, 2024. The company is a manufacturer of custom-formulated frozen soups, sauces, chili, and side dishes.

Picard Surgelés / Invest Group Zouari: The company entered into a definitive agreement to be acquired by Invest Group Zouari through an LBO on September 30, 2024 for an undisclosed amount. The company is a producer and retailer of frozen food products.

Qupe / Andrew Murray Vineyards: The company, a subsidiary of Vintage Wine Estates, was acquired by Andrew Murray Vineyards for an undisclosed amount on October 2, 2024. The company is an operator of a winery.

SIMULATE / Ahimsa Companies: The company was acquired by Ahimsa Companies for an undisclosed amount on October 4, 2024. The company is a producer of vegan chicken nuggets.

SmithFoods / Prairie Farms: The company was acquired by Prairie Farms for an undisclosed amount on October 1, 2024. The company is a producer of dairy and plant-based products.


Source: Pitchbook Data, Inc.

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