Strategy | Financing Highlight 
Private Placement / Financing Transactions

Vytelle: The company raised $20 million of Series B venture funding in a deal led by Forage Capital Partners on April 3, 2023. Fulcrum Global Capital, Serra Ventures, KCRise Fund, Mountain Group Partners, Grosvenor Food & AgTech and Open Prairie Ventures also participated in the round. The company is a provider of biotechnology services intended to assist in advancing bovine, deer, and buffalo genetics.

Dos Hombres: The company raised $10.9 million of venture funding from undisclosed investors on April 3, 2023. The company is a producer of handcrafted mezcal alcoholic beverages.

Babylon: The company raised $8 million of Series A venture funding in a deal led by VentureSouth on April 3, 2023. Hull Street Capital, New Theory Ventures and Virginia Venture Partners also participated in the round. The company is a developer of an on-demand indoor farming technology designed to make sustainable indoor farming more accessible.

Cotswolds Distillery: The company raised an undisclosed amount of venture funding from Berry Bros & Rudd on April 5, 2023. The company is an owner and operator of an English distillery that produces single malt whiskies, gins and liqueurs.


M&A Transactions

Cheribundi / GoodBelly Probiotics: The company was acquired by GoodBelly Probiotics for an undisclosed amount on April 5, 2023. The company is a producer of organic, natural, tart cherry-flavored juices.

Dynamaxx International / Full Alliance Group: The company reached a definitive agreement to be acquired by Full Alliance Group for an undisclosed amount on April 3, 2023. The company is a producer of health-related food products in the United States and Canada.

Home Port Seafoods / Wild Alaskan: The company was acquired by Wild Alaskan for an undisclosed amount on April 3, 2023. The company is a producer of fresh and frozen packaged fish and seafood products.

Laiterie Gilbert / Maîtres Laitiers du Cotentin: The company was acquired by Maîtres Laitiers du Cotentin for an undisclosed amount on April 6, 2023. The company is a producer of dairy and creamery products.

Polaris / Arkéa Capital: The company entered into a definitive agreement to be acquired by Cerea Partners, Unexo, Arkéa Capital, Seventure Partners, Sodero Gestion, Picama and its management through an LBO on April 4, 2023 for an undisclosed amount. The company is a provider of concentrated EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid) fatty acids intended to serve the food supplements, nutraceutical and infant nutrition markets.

Port of Subs / Area 15 Ventures: The company was acquired by Area 15 Ventures through an LBO on April 4, 2023 for an undisclosed amount. The company is an operator of a chain of food service stores based in Reno, Nevada.

Speakeasy Ales & Lagers / Full Circle Brewing Company: The company was acquired by Full Circle Brewing Company for an undisclosed amount on April 6, 2023. The company is an operator of a craft brewery.


Source: Pitchbook Data, Inc.


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