Consumer Private Placement and M&A Transactions Review Week Ending April 30, 2023

Cooks Venture: The company raised $38.4 million of Series B1 venture funding from ImpactAssets and other undisclosed investors on April 27, 2023. The company is a producer of sustainably raised chicken, beef and pork delivered direct to the consumer.

Slate Milk: The company raised $4.4 million of venture funding from undisclosed investors on April 26, 2023. The company is a producer of ultra-filtered, high protein milk products sold direct to the consumer and via conventional retail channels.

Root Functional Medicine: The company raised $2.3 million of venture funding from The 4100 Group on April 27, 2023. The company is a provider of subscription-based meals, and courses, and manufacturer of health supplements.

FE Ingredients: The company received an undisclosed amount of development capital from Fulcrum Capital Partners on April 25, 2023. The company is a distributor of baking supplies and food ingredients intended for industrial bakeries and food manufacturers.

Urban Egg: The company received an undisclosed amount of development capital from L Catterton on April 27, 2023. The company is an operator of a breakfast and lunch focused restaurant chain based in Colorado, United States.

The J.M. Smucker Co (Pet Food Business) / Post Holdings: The company, a business division of The J.M. Smucker Co. (Pet Food Business) was acquired by Post Holdings for $1.2 billion on April 28, 2023. The company is a provider of pet food products.

Glanbia Cheese / Leprino Foods: The company, a subsidiary of Glanbia was acquired by Leprino Foods for €178.9 million on April 28, 2023. The company is a producer of mozzarella cheese.

Chateau d’Etroyes / Groupe Bollinger: The company was acquired by Groupe Bollinger for an undisclosed amount on April 25, 2023. The company is a distributor of wines based in Mercurey, France.

Encore Beverage / Cork Distributors: The company reached a definitive agreement to be acquired by Cork Distributors for an undisclosed amount on April 26, 2023. The company is a distributor of wine, beer and spirits based in Reno, United States.

Farmison / Individual Investor: The company was acquired by private investors led by Mr. Andy Clarke for an undisclosed amount on April 24, 2023. The company is an operator of an online delivery platform intended to offer meat products.

Goza Tequila / Individual Investor: The company was acquired by Dave Schmier and Paul Hletko for an undisclosed amount on April 24, 2023. The company is an operator of a premium, handcrafted tequila brand.

Natural Bakery / Grupo Bimbo: The company was acquired by Grupo Bimbo for an undisclosed amount on April 28, 2023. The company is an operator of a bakery based in Winnipeg, Canada.

Phoenix Fungi / Excelsior Solutions.: The company was acquired by Excelsior Solutions for an undisclosed amount on April 26, 2023. The company is a producer and distributor of food products based in San Diego, California.

The Krystal Company / SPB Hospitality: The company was acquired by SPB Hospitality, via its financial sponsor Fortress Investment Group, through an LBO on April 27, 2023 for an undisclosed amount. The company is an operator of a fast-food restaurant chain based in Dunwoody, Georgia.