Strategy | Financing Transactions
Private Placement / Financing Transactions

Tosi: The company raised $15.8 million of venture funding from undisclosed investors on December 11, 2024. The company is a producer of organic packaged snack products.

Cairnspring Mills: The company raised $4.8 million of venture funding from undisclosed investors on December 9, 2024. The company is an operator of a craft grain flour mill.

PLNT Burger: The company raised $3.8 million of Series A venture funding from undisclosed investors on December 9, 2024. The company is an operator of a chain of limited-service restaurants intended to offer vegan fast-food alternatives.

immi: The company raised $3 million of venture funding from undisclosed investors on December 12, 2024. The company is a producer of low-net carb and high-protein instant ramen.

CropTrak: The company received $1.35 million of development capital from an undisclosed investor on December 9, 2024. The company is a developer of a farm management platform intended to organize and manage crop records.

Northern Hollow Winery: The company received $1.3 million of financing from an undisclosed investor on December 12, 2024. The company is a producer of wines.

Inevitable Technology: The company raised an undisclosed amount of venture funding from Climate Capital and Elemental Impact on December 11, 2024. The company is a developer of a business-to-business ag tech platform that increases farmer profitability and food quality via automation, plant science, and artificial intelligence.

SIMPLi: The company raised an undisclosed amount of venture funding from Elemental Impact on December 11, 2024. The company is an operator of a regenerative food brand intended to supply single-origin ingredients.


M&A Transactions

SpringGate Vineyard / Royal Winery: The company was acquired by Royal Winery for $2.8 million on December 10, 2024. The company is an operator of a winery in Harrisburg, PA.

Arrowrock Supply / Amcon Distributing: Amcon Distributing reached a definitive agreement to acquire the company, a subsidiary of Stinker Stores, for an undisclosed amount on December 9, 2024. The company is a distributor of beverages, candy, tobacco, groceries, foodservice, and refrigerated foods.

Boyauderie Des Savoie Etablissements Semille / Solexia: The company was acquired by Solexia through an LBO on December 9, 2024 for an undisclosed amount. The company is an operator of meat packing plants and slaughterhouses based in Annecy, France.

Cameron Hughes Wine / Full Glass Wine Co.: The company, a subsidiary of Vintage Wine Estates, was acquired by Full Glass Wine Co. for an undisclosed amount on December 9, 2024. The company is a manufacturer of finished wines.

ChopHouse & Brewery / Kelly Companies: The company, a subsidiary of The Krystal Company, was acquired by Kelly Companies, through an LBO on December 10, 2024 for an undisclosed amount. The company is an operator of a restaurant and brewery chain based in Chattanooga, Tennessee.

Cole’s Quality Foods / Furlani Foods: The company entered into a definitive agreement to be acquired by Furlani Foods, via its financial sponsor Entrepreneurial Equity Partners, through an LBO on December 12, 2024 for an undisclosed amount. The company is a producer of frozen garlic bread products.

Cookin / CookUnity: The company was acquired by CookUnity for an undisclosed amount on December 9, 2024. The company is a developer of a food delivery application for the delivery of homemade foods.

Dawns Foods / Mrs. Gerry’s Kitchen: The company was acquired by Mrs. Gerry’s Kitchen, via its financial sponsors Siguler Guff, Sequel Holdings, and Falcon Investments, through an LBO on December 13, 2024 for an undisclosed amount. The company is a manufacturer and distributor of refrigerated food products based in Portage, Wisconsin.

Double Double / Kelton Enterprises: The company was acquired by Kelton Enterprises for an undisclosed amount on December 11, 2024. The company is an operator of a chain of bakery stores based in Hamburg, New York.

FarmHedge / RWA Raiffeisen Ware Austria: The company was acquired by RWA Raiffeisen Ware Austria for an undisclosed amount on December 9, 2024. The company is a developer of an application-based farm trading tool intended to help agribusinesses to connect and trade with farmers.

Flanders Food Productions / European Dairy Company: Flanders Food Productions and Vache Bleue reached a definitive agreement to form European Dairy Company on December 9, 2024. The company is a producer of dairy products for export worldwide.

HOCHDORF Swiss Nutrition / AS Equity Partners: The company was acquired by AS Equity Partners through a divisional sale by HOCHDORF Holding AG on December 11, 2024. HOCHDORF Swiss Nutrition is a leading milk processor in Switzerland with annual revenues of CHF 300+ million.

Karma Bites / Surya Foods: The company was acquired by Surya Foods for an undisclosed amount on December 9, 2024. The company is a producer of healthy snack products based in London, United Kingdom.

LJD Holdings Group / Day-Lee Foods: The company reached a definitive agreement to be acquired by Day-Lee Foods, a subsidiary of NH Foods, for an undisclosed amount on December 11, 2024. The company is a manufacturer of chicken products based in Boise, Idaho.

McClancy Foods & Flavors / NovaTaste: The company was acquired by NovaTaste, via its financial sponsor PAI Partners, through an LBO on December 10, 2024 for an undisclosed amount. The company is a producer of food products intended for the food service, retail, and contract manufacturing industries.

Montys Plant Food / AgroLiquid: The company was acquired by AgroLiquid for an undisclosed amount on December 11, 2024. The company is a manufacturer of plant and soil enhancement products for agriculture, lawn and garden, turf, hemp and wildlife markets.

Noon’s Food Stores / Jacksons Food Stores: The company was acquired by Jacksons Food Stores for an undisclosed amount on December 11, 2024. The company is a distributor and operator of convenience stores serving food and beverages to the residents of Missoula, Montana.

Vache Bleue / European Dairy Company: The company reached a definitive agreement with Flanders Food Productions to form European Dairy Company on December 9, 2024. The company is a producer of processed cheese and other dairy products catering to dairy industries.

Wine Access / Full Glass Wine Co.: The company was acquired by Full Glass Wine Co. for an undisclosed amount on December 9, 2024. The company is an operator of an online liquor retail store intended to offer wine from family-owned estates, established winemakers and marquee vintages.


Source: Pitchbook Data, Inc.

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