Consumer Private Placement and M&A Transactions Review Week Ending April 27, 2025

Tosi: The company raised $25.9 million of Series B venture funding in a deal led by Cambridge Companies SPG on April 24, 2025. The company is a producer of protein bars, snacks, and supplements that are certified organic and gluten-free.

IrriGreen: The company raised $19 million of Series A venture funding from Natural Ventures, SUM Ventures and Ulu Ventures on April 22, 2025, putting the company’s pre-money valuation at $39 million. Burnt Island Ventures, MFV Partners, Tamiami Angel Funds, and other undisclosed investors also participated in the round. The company manufactures smart sprinkler systems designed to conserve water and provide efficient irrigation for lawns, and that use digital technology and precise watering patterns to match the specific contours of any lawn, aiming to reduce water waste.

Khloud: The company raised $12 million of venture funding from Endeavor, Shrug Capital and Serena Ventures on April 22, 2025, putting the company’s pre-money valuation at $48.5 million. K5 Global, Jessica Bixby and other undisclosed investors also participated in the round. The company, founded by Khloé Kardashian, is focused on nutritious snacking, with its initial product being popcorn made with whole-grain corn, and a proprietary coating which adds protein and seasoning.

Foodnerd: The company raised $5.8 million of venture funding in a combination of debt and equity from Skull Diamond and Heart Capital and other undisclosed investors on April 24, 2025. The company is a producer of shelf-stable, nutrient-dense snacks and meals for families, particularly children that uses a Nutrient Lock Cold Processing method to preserve fresh fruits, vegetables, and seeds, while also making products convenient for busy parents.

Atlantic Sea Farms: The company raised $4.4 million of venture funding from True Wealth Ventures, Bridge Builder Ventures Group and Third Nature on April 25, 2025. The company is a producer of packaged seaweed products based in Maine, focused on regenerative kelp aquaculture, that works with a network of fishing families to cultivate kelp on open ocean farms.

Harry Brompton’s: The company received GBP 2 million of development capital from Traditum on April 22, 2025. The company is a producer of alcoholic and non-alcoholic iced teas made from ethically sourced black tea, and natural ingredients.

Culinary Sciences: The company raised $2.5 million of venture funding from undisclosed investors on April 23, 2025. The company is a manufacturer of a rapid-chill food processing system designed for commercial kitchens and agricultural processing plants.

Great Northern Salmon: The company raised an undisclosed amount of venture funding from Eyvi on April 24, 2025. The company is a salmon farming business, formerly known as Katahdin Salmon, based in Millinocket, Maine, that produces salmon in a 100% renewable energy, land-based RAS (Recirculating Aquaculture System) facility.

Adecoagro / Tether: The company was acquired by Tether through a $615 million LBO on April 24, 2025. Adecoagro SA is a Luxembourg-based agricultural company that has a wide range of businesses, including farming crops and other agricultural products, dairy operations sugar, ethanol, energy production, and land transformation.

Best Provision Company / Miami Beef Company: The company was acquired by Miami Beef Company, via its financial sponsor Trivest Partners, through an LBO on April 21, 2025 for an undisclosed amount. The company is a producer and supplier of smoked and cooked deli meats based in Newark, New Jersey.

Biscuit Love / Unknown Investor: The business of Biscuit Love was acquired by an undisclosed investor on April 22, 2025. The company is an operator of a restaurant chain that offers homemade biscuits and southern breakfast and lunch options.

Chocolat Ammann / Maestrani: The company reached a definitive agreement to be acquired by Maestrani for an undisclosed amount on April 24, 2025. The company is a producer and retailer of chocolates.

Fresh Fitness Food / Calo: The company was acquired by Calo for an undisclosed amount on April 24, 2025. The company is a provider of a ready-to-eat meal delivery service dedicated to providing tailored nutrition to achieve fitness goals.

Hollandia Bakeries / Commercial Bakeries: The company was acquired by Commercial Bakeries, via its financial sponsor Graham Partners, through an LBO on April 23, 2025 for an undisclosed amount. The company is a manufacturer of packaged cookies and crackers.

Ipsa Provisions / Feast & Fettle: The company was acquired by Feast & Fettle for an undisclosed amount on April 22, 2025. The company is a producer and provider of frozen food products.

Maverick Beverage Company of Texas / Johnson Brothers Liquor Company: The company, a subsidiary of Maverick Beverage Company of Illinois, was acquired by Johnson Brothers Liquor Company for an undisclosed amount on April 22, 2025. The company is a distributor of wine and spirits across Texas.

Midwest Juice / Leonard’s Syrup: The company was acquired by Leonard’s Syrup for an undisclosed amount on April 24, 2025. The company is a distributor of beverages intended to serve nursing homes, schools, hospitals and restaurants.

Numa Coffee / Kuhl Beans Roasting Company: The company was acquired by Kuhl Beans Roasting Company for an undisclosed amount on April 25, 2025. The company is an operator of a coffee roaster located in Michigan.

Provence Huiles / Fuji Oil Holdings: The company, a subsidiary of Itochu, reached a definitive agreement to be acquired by Fuji Oil Holdings for an undisclosed amount on April 25, 2025. The company is a provider of oilseed farming services.

Whit’s Grocery / The Kent Companies: The company was acquired by The Kent Companies for an undisclosed amount on April 23, 2025. The company is an operator of a grocery store based in Texas.