Consumer Private Placement and M&A Transactions Review Week Ending May 18, 2025

Owner: The company raised $120 million of venture funding in a deal led by Meritech Capital Partners and Headline on May 13, 2025, putting the company’s pre-money valuation at $880 million. Alt Capital, Jonathan Neman and Brett Schulman also participated in the round. The company is a developer of a digital marketing platform designed for restaurants to generate revenue.

Blank Street: The company raised $21 million of venture funding from undisclosed investors on May 14, 2025. The company is an operator of a chain of quick serve coffee shops.

Metafoodx: The company raised $9.4 million of venture funding in a deal led by Trustbridge Partners on May 15, 2025. BlueRun Ventures and ScalableVision Capital also participated in the round. The company is an operator of an AI-powered software service designed to help foodservice businesses prevent food waste and optimize production.

Cleveland Kitchen: The company raised $2.9 million of venture funding from undisclosed investors on May 16, 2025. The company is a producer of fermented food products such as kimchi.

Sweetmore Bakeries: The company received an undisclosed amount of development capital from Shore Capital Partners on May 14, 2025. The company is a producer of bakery products intended for restaurants and other food operators.

Delta Wines / Viva Wine Group: The company reached a definitive agreement to be acquired by Viva Wine Group for EUR 57 million on May 15, 2025. The company is a producer of wine products.

Van der Lee Seafish / Seafood Connection: The company was acquired by Seafood Connection, a subsidiary of Maruha Nichiro Holdings, for EUR 40 Million on May 12, 2025. The company is a wholesaler and processor of fish.

James T. Blakeman & Co / Cranswick: The company was acquired by Cranswick for EUR 32 million on May 16, 2025. The company is a manufacturer of sausage and meat products.

A Dozen Cousins / Verde Valle: The company was acquired by Verde Valle for an undisclosed amount on May 14, 2025. The company is an operator of a natural food brand that makes convenience side dishes inspired by traditional Creole, Caribbean and Latino recipes.

Daily Harvest / Chobani: The company was acquired by Chobani through an LBO on May 16, 2025 for an undisclosed amount. The company is a provider of subscription-based food delivery services intended to offer healthy frozen foods.

E. Zwicky / Groupe Minoteries: The company reached a definitive agreement to be acquired by Groupe Minoteries for an undisclosed amount on May 15, 2025. The company is a producer of food products, such as cereals, based in Müllheim-Wigoltingen, Switzerland.

Humankind Beverage / Odeko: The company was acquired by Odeko for an undisclosed amount on May 14, 2025. The company is a producer and distributor of packaged water, teas, lemonades and fruit juices.

Vanguard Food LP / Village Farms International: Vanguard Food LP and Village Farms International have entered into an agreement to form a joint venture as of May 12, 2025. The company is a provider of fresh produce products.

Kate Farms / Danone: The company was acquired by Danone (PAR: BN) for an undisclosed amount on May 12, 2025. The company is a developer of plant-based shakes and formulas for adults and children.

Miner Brewing Company / Cohort Craft Brewery: The company was acquired by Cohort Craft Brewery for an undisclosed amount on May 13, 2025. The company is an operator of a a craft brewery based in Hill City, South Dakota.

Mondarella / GREENFORCE: The company reached a definitive agreement to be acquired by GREENFORCE for an undisclosed amount on May 13, 2025. The company is a producer of plant-based cheese products.

Nielsen Citrus / Polenghi Food: The company was acquired by Polenghi Food, via its financial sponsor Progressio SGR, through an LBO on May 13, 2025 for an undisclosed amount. Simest also participated in the round. The company is a manufacturer of citrus juice concentrates, purees, and reconstituted juices.

Old Elk Distillery / Middle West Spirits: The company was acquired by Middle West Spirits for an undisclosed amount on May 13, 2025. The company is a producer of craft whiskey.

RD1 Spirits / InvestBev: The company was acquired by InvestBev through an LBO on May 12, 2025 for an undisclosed amount. The company is a producer of whiskey.

Thompson Chocolate / Chocolate Works: The company was acquired by Chocolate Works, via its financial sponsor Insignia Capital Group, through an LBO on May 13, 2025 for an undisclosed amount. The company is a producer of chocolates based in Meriden, Connecticut.