Consumer Private Placement and M&A Transactions Review Week Ending April 28, 2024

The Borders Distillery: The company raised GBP 35 million of venture funding from Ferovinum on April 22, 2024. The company specializes in producing whisky, gin, and vodka.

Wilde Chips: The company raised an undisclosed amount of venture funding in a deal led by KarpReilly on March 22, 2023. The Family Fund, Grey Space Group, Jack Harlow, Machine Gun Kelly, and other undisclosed investors also participated in the round. The company is a producer of meat-based protein snack bars and chips.

AeroFarms: The company raised $5 million of venture funding from undisclosed investors on April 24, 2024. The company grows microgreens through indoor farming and aeroponic technology.

Growcer: The company raised $3 million of Series A venture funding in a deal led by Modern Niagara Group, Jeff Westeinde and Jeff York on April 23, 2024. The company is a manufacturer of modular, hydroponic farm growing systems that provide locally grow crops year round.

Cultimate: The company raised EUR 2.3 million of venture funding in a deal led by High-Tech Gründerfonds on April 23, 2024. The company develops cell-cultured meat alternatives.

TommyTomato: The company raised EUR 2 million of venture funding from Social Impact Fund Rotterdam, Stichting LifeTree Fund and DOEN Participaties Postcode Loterij on April 24, 2024. The company offers elementary school meals to children.

Bootleggers: The company raised an undisclosed amount of venture funding from InvestBev in April 2024. The company offers a range of RTD cocktails.

OMeat: The company is in the process of raising an undisclosed amount of venture funding as of April 23, 2024. The company offers cultivated meat products.

AI CPG / A1 Group: The company was acquired by A1 Group (Vapour Product) through a reverse merger on April 22, 2024. The company is an operator of an artificial intelligence company catering to the consumer packaged goods industry focused on product development, and graphic design.

Caskshare / R&B Distillers: The company was acquired by R&B Distillers for an undisclosed amount on April 22, 2024. The company is an operator of an e-commerce platform for alcoholic beverages.

Clean Juice / BRIX Holdings: The company reached a definitive agreement to be acquired by BRIX Holdings for an undisclosed amount on April 26, 2024. The company is an operator of an organic juice and food bar franchise.

Granvilmer / Manche Maree: The company was acquired by Manche Maree for an undisclosed amount on April 23, 2024. The company is a distributor of seafood products based in Breville-Sur-Mer, Normandy, France.

Idan Foods / Woodland Foods: The company was acquired by Woodland Foods, via its financial sponsor Graham Partners, through an LBO on April 25, 2024 for an undisclosed amount. The company is a producer of dry mix blending ingredients for food service operators and distributors.

Lottie Shaw’s / William Jackson Food Group: The company was acquired by William Jackson Food Group for an undisclosed amount on April 24, 2024. The company is an operator of a bakery based in Brighouse, United Kingdom.

Malterie Frontenac / Farinart: The company was acquired by Farinart for an undisclosed amount on April 25, 2024. The company is a producer of grains for malt-based drinks based in Canada.

Terres de Ravel / Sainte Marguerite en Provence: The company reached a definitive agreement to be acquired by Sainte Marguerite en Provence, a subsidiary of Pernod Ricard, for an undisclosed amount on April 22, 2024. The company is a producer of wines and is an operator of vineyards based in Pierrefeu-du-Var, France.

Volac Whey Nutrition Holdings / Arla Foods Ingredients: Arla Foods Ingredients reached a definitive agreement to acquire the company, a subsidiary of Volac International, for an undisclosed amount on April 22, 2024. The company is a manufacturer of dairy nutrition products based in Felinfach, United Kingdom.