Consumer Private Placement and M&A Transactions Review Week Ending March 2, 2025

Just Salad: The company raised $200 million of venture funding in a deal led by Wellington Management on February 24, 2025, putting the company’s pre-money valuation at an estimated $800 million. Stripes, D1 Capital Partners, and Neuberger Berman also participated in the round. The company is an operator of a fast-casual restaurant chain focused on providing salad meal options.

Olipop: The company raised $188 million of venture funding from undisclosed investors on February 28, 2025. The company produces and distributes plant-based prebiotic sodas.

Vivici: The company raised EUR 32.5 million of Series A venture funding in a deal led by Invest-NL and APG Group on February 25, 2025. dsm-firmenich Venturing, Fonterra Co-operative Group, InnovationQuarter and Stichting Pensioenfonds ABP also participated in the round. The company is a producer of animal-free dairy proteins.

Actual Veggies: The company raised $7 million of Series A venture funding in a deal led by Relentless Consumer Partners on February 25, 2025, putting the company’s pre-money valuation at $37 million. New Fare Partners, Benjamin Rawitz, Todd Lachman, and other undisclosed investors also participated in the round. The company is a producer of plant-based veggie burgers.

Wandering Bear Coffee: The company raised $4 million of venture funding from undisclosed investors on February 26, 2025. The company is a producer of ready-to-drink cold brew coffee.

Vegetal Food: The company raised EUR 1.2 million of venture funding from Elevation Capital Partners and FoodXpert on February 25, 2025. The company is an producer of a range of packaged plant-based food products.

The Farmer’s Cow Calfe: The company raised $1 million of venture funding from undisclosed investors on February 24, 2025. The company is an operator of a dairy-based café and restaurant chain.

4ag Robotics: The company raised an undisclosed amount of venture funding from Economic Development Canada on February 26, 2025. The company is a developer of robotics and automation systems designed to automate the harvesting of mushrooms in large-scale indoor mushroom farms.

A1C: The company raised an undisclosed amount of venture funding from IntegraNet Health on February 26, 2025. The company is a producer of beverages catering to diabetic, pre-diabetic and insulin-resistant consumers.

FarmQA: The company raised venture funding on February 28, 2025. The company is a developer of an agriculture intelligence platform designed to provide a suite of digital tools for agronomists to streamline and improve core agronomy service functions.

Just Eat Takeaway.com / Prosus: The company reached a definitive agreement to be acquired by Prosus for EUR 4.1 billion on February 24, 2025. Just Eat Takeaway operates an online marketplace that connects restaurants with consumers in Europe and North America.

Doucy / Turpaz Perfume and Flavor Extracts: The company was acquired by Turpaz Perfume and Flavor Extracts for $8.5 million on February 25, 2025. The company is a manufacturer of food flavorings, colorings, and additives.

Hawaiian Isles Water / Eco-Growth Strategies: The company was acquired by Eco-Growth Strategies for $6 million on February 25, 2025. The company is a manufacturer of purified bottled water based in Aiea, Hawaii.

American Desserts / St Michel: The company was acquired by St Michel for an undisclosed amount on February 24, 2025. The company is a producer of frozen classic American desserts, such as pies, cakes, cookies, and ice cream, for foodservice customers and is based in France.

Biopulver / Milcona: The company was acquired by Milcona for an undisclosed amount on February 27, 2025. The company is a producer of dairy products for the organic food and baby food industry.

Blue Monkey Beverage / Boyne Capital: The company was acquired by Boyne Capital and Fifth Ocean Capital Management through an LBO on February 27, 2025 for an undisclosed amount. The company is a producer of plant-based sparkling juices and beverages.

Bubluv / Core Home: The company was acquired by Core Home for an undisclosed amount on February 24, 2025. The company is a manufacturer of ready-to-drink boba tea based out of New York, United States.

Courtney & Nelson / Individual Investor: The company was acquired by Mr. Paul Allen for an undisclosed amount on February 27, 2025. The company is a wholesaler of confectionery products for foodservice customers based in Northern Ireland.

George Adams 1910 / Finedale Foods: The company was acquired by Finedale Foods for an undisclosed amount on February 27, 2025. The company is a producer of meat products based in Bunwell, United Kingdom.

Hoff’s Bakery / Martin Braun Backmittel und Essenzen: The company was acquired by Martin Braun Backmittel und Essenzen, a subsidiary of Geschwister Oetker Beteiligungen, for an undisclosed amount on February 24, 2025. The company is a producer and wholesaler of frozen cakes and desserts for foodservice and retail in New England.

Kessler & Comp. / Bakerman: The company was acquired by Bakerman for an undisclosed amount on February 26, 2025. The company is a producer of baking ingredients and finished bakery products.

Noosa Yoghurt / Lakeview Farms: The company, a subsidiary of Campbells, was acquired by Lakeview Farms, via its financial sponsor CapVest Partners, through an LBO for an undisclosed amount on February 24, 2025. The company is a producer of flavored yogurt based in Bellvue, Colorado.

ReSource Group US / Safe and Green Development: The company reached a definitive agreement to be acquired by Safe and Green Development for an undisclosed amount on February 26, 2025. The company is a provider of organic waste recycling and composting services.

Rootine / Rhodium Software: The company was acquired by Rhodium Software for an undisclosed amount on February 28, 2025. The company is an operator of a personalized health and wellness supplements brand.

SnackNX / Unknown Investor: The company received an undisclosed amount of financing on February 26, 2025. The company is a producer of fruit and vegetable based snacks.

Sober Carpenter / Les Brasseurs du Nord – Bière Boréale: The company was acquired by Les Brasseurs du Nord – Bière Boréale for an undisclosed amount on February 26, 2025. The company is a manufacturer of non-alcoholic craft beer based out of Montreal, Canada.

Sunfresh Farms / ATV Farms: The company was acquired by ATV Farms for an undisclosed amount on February 27, 2025. The company is a producer of fresh produce such as fruits and vegetables.

Vinpai / Camlin Fine Sciences: The company reached a definitive agreement to be acquired by Camlin Fine Sciences for an undisclosed amount on February 24, 2025. The company is an ingredient technology business that manufactures ingredients for the food, cosmetics, and medical industries.

WellBeing Brewing Company / MNG Brands: The company was acquired by MNG Brands for an undisclosed amount on February 26, 2025. The company is an operator of a non-alcoholic craft brewery.

WinesU / Botter: The company entered into a definitive agreement to be acquired by Botter, via its financial sponsors Clessidra Private Equity, Capital Dynamics, Italmobiliare, LBO on February 24, 2025. The company is a distributor of wines.