Consumer Private Placement and M&A Transactions Review Week Ending April 21, 2024

ByHeart: The company raised $80 million of venture funding from Bellco Capital, Sonostar Ventures and AF Ventures on April 8, 2024. Polaris Partners, OCV Partners and D1 Capital Partners also participated in the round. The company is an operator of an infant nutrition business.

Ripple: The company raised $60 million of Series F venture funding through a combination of debt and equity from IMPACT Capital, S2G Ventures and other undisclosed investors on April 10, 2024. The company is a producer of plant-based dairy-free milk.

Mosa Meat: The company raised EUR 40 million of venture funding in a deal led by M Ventures (Los Angeles) and Lowercarbon Capital on April 16, 2024. LIOF Nedermaas High Tech Ventures, PHW-Gruppe, Doux, XO Ventures, Limburgs Energie Fonds and Invest-NL (Investment Company) also participated in the round. The company is an operator of a food technology business that produces cultured meat.

Straus Family Creamery: The company raised $23 million of venture funding from undisclosed investors on April 15, 2024. The company is a producer of organic milk and dairy products.

12 Tides: The company raised $5.7 million of venture funding from undisclosed investors on April 12, 2024. The company is a producer of regenerative organic kelp snacks.

Daily Dose: The company raised GBP 3 million of venture funding from IW Capital on April 15, 2024. The company is a producer of cold pressed juice.

Brooklyn Dumpling Shop: The company raised an undisclosed amount of Series A venture funding on April 10, 2024. The company is an opeartor of a retail dumpling restaurant.

ChefCoco: The company raised an undisclosed amount of Pre-series A venture funding in a deal led by Heliad on April 11, 2024. Food Labs, Benedikt Franke and other undisclosed investors also participated in the round. The company is a developer of a meal preparation and ordering application designed to provide personalized meals delivered daily in reusable containers.

Hudson River Biotechnology: The company raised an undisclosed amount of venture funding from Eurogenetic and Oost NL on April 9, 2024. The company is a an agricultural biotechnology business that specializes in genetically optimizing plants for transition to a sustainable bio-economy.

Wonderbelly: The company raised $12 million of Series A venture funding from Silas Capital, Loft Growth Partners and Top Knot Ventures on April 10, 2024. AF Ventures and other undisclosed investors also participated in the round. The company is an operator of an antacid drug brand intended to treat heartburn and acid reflux symptoms.

Flavor Producers / Glanbia: The company, a subsidiary of Ceba-Tech Specialty Solutions, reached a definitive agreement to be acquired by Glanbia for $355 million on April 15, 2024. The company is a producer of flavors and extracts for the food and beverage industry.

Nude Beverages / Ace Beverage Group: The company reached a definitive agreement to be acquired by Ace Beverage Group, a subsidiary of Corby Spirit and Wine, for $11 million on April 20, 2024. The company is a producer of alcoholic and non-alcoholic beverages that are sugar and sweetener-free.

Columbia Winery / Ackley Brands: Ackley Brands reached a definitive agreement to acquire the Columbia Winery, a subsidiary of E & J Gallo Winery on April 17, 2024. The company is a producer of wine based in Woodinville, United States.

Cosmos Food / Schwan’s Shared Services: The company was acquired by Schwan’s Shared Services, a subsidiary of CJ CheilJedang, on an undisclosed date. The company is a manufacturer and distributor of Korean foods, based in The City of Industry, California.

Crème de la Crème / Greenyard: The company was acquired by Greenyard, a subsidiary of Deprez Holding, for an undisclosed amount on April 18, 2024. The company is a producer of plant-based ice cream products.

fayn / AllPure Group: The company was formed as a joint venture between AllPure Group and Mr. Rene Büssow, the former CEO of the Quality Group on April 10, 2024. The company is a retailer of dietary supplements and sports nutrition products.

Firehook / Forward Consumer Partners: The company was acquired by Forward Consumer Partners through an LBO on April 16, 2024 for an undisclosed amount. The company is an independent bakery manufacturer and retailer.

Fremont Brewing / Seattle Hospitality Group: The company entered into a definitive agreement to be acquired by Seattle Hospitality Group through an LBO on April 16, 2024 for an undisclosed amount. The company is an operator of a brewery based in Seattle, Washington.

Godiva Chocolatier / pladis Global: The company was acquired by pladis Global for an undisclosed amount on April 9, 2024. The company is a producer of artisanal chocolates and confectionery products.

J. Eilles / Viba: Viba (Germany) reached a definitive agreement to acquire the company, a subsidiary of Deutsche Confiserie Holding, for an undisclosed amount on April 19, 2024. The company is a manufacturer and distributor of tea products.

Kona Gold / Apple Rush: Apple Rush and Kona Gold Beverages have entered into an agreement to form a joint venture as of April 11, 2024. The company is a producer of beverages based in Lena, Illinois.

Maison Blanc / Mericq: The company was acquired by Mericq for an undisclosed amount on April 8, 2024. The company is an operator of a seafood business based in Rungis, France.

Novastell / Sophim: The company, a subsidiary of Avril, was acquired by Sophim, via its financial sponsors Smalt Capital and M Capital Partners, through an LBO on April 8, 2024 for an undisclosed amount. The company is a distributor of organic ingredients based in Etrepagny, France.

Nue Vodka / Next Century Spirits: The company, a subsidiary of Southwest Spirits & Wine, was acquired by Next Century Spirits for an undisclosed amount on April 18, 2024. The company is a producer of vodka based in Dallas, United States.

Pandriks / Bridor: The company was acquired by Bridor, a subsidiary of Groupe Le Duff, for an undisclosed amount on April 15, 2024. The company is a producer of organic leavened bread products.

Paradise Fruits / Thrive Foods: The company entered into a definitive agreement to be acquired by Thrive Foods, via its financial sponsors Entrepreneurial Equity Partners and Mubadala Investment Company, through an LBO on April 10, 2024 for an undisclosed amount. The company is a supplier of fruit ingredients and customized services for snack products.

Schaaf Foods / Alchemy Capital Partners: The company was acquired by Alchemy Capital Partners through an LBO on April 11, 2024 for an undisclosed amount. The company is a manufacturer of baked loaf cakes.

Strong Roots / McCain Foods: The company was acquired by McCain Foods for an undisclosed amount on April 11, 2024. The company is a producer of plant-based snacks and frozen vegan foods.

The Hogue Cellars / Ackley Brands: The company, a subsidiary of E & J Gallo Winery, entered into a definitive agreement to be acquired by Ackley Brands through an LBO on April 17, 2024 for an undisclosed amount. The company is a producer of wine.

Wicked Wine Run / WineRun: The company was acquired by WineRun for an undisclosed amount on April 11, 2024. The company organizes and promotes wine-themed races.