Consumer Private Placement and M&A Transactions Review Week Ending December 3, 2023

Ripple: The company raised $49.3 million of venture funding through a combination of equity and debt from undisclosed investors on November 29, 2023. The company is a producer of plant-based milk products.

4th & Heart: The company raised $10 million of venture funding in a deal led by Cambridge Companies SPG on November 28, 2023. The company is a producer of ghee products.

Better Booch: The company raised $7.8 million of venture funding from Wellness Growth Ventures and other undisclosed investors on November 28, 2023. The company is a producer of kombucha.

Circul’Egg: The company raised EUR 5 million of venture funding from undisclosed investors on November 28, 2023. The company recycles eggshells into calcium carbonate and powder of shell membrane for ingredients in food supplements, animal feed and cosmetics.

Virtue Drinks: The company raised GBP 1.2 million of venture funding from undisclosed investors on November 30, 2023. The company is a producer of yerba mate energy drinks.

freshtaste: The company raised EUR 1.2 million of venture funding from Engelhardt Kaupp Kiefer & Co. on November 28, 2023. The company provides smart fridges containing vegan dishes.

Atomo: The company raised an undisclosed amount of venture funding from Suntory and Plug and Play Tech Center on November 30, 2023. The company is a producer of a coffee beverage derived without beans.

Bowlcut: The company raised an undisclosed amount of venture funding from Future Food Fund on November 30, 2023. The company is a producer of low sodium Asian-American sauces.

Dom’s Kitchen & Market / Outfox Hospitality: The company reached a definitive agreement to be merged with Foxtrot to form Outfox Hospitality for an undisclosed amount on November 27, 2023. The company is an operator of a grocery store chain.

Menna / St Regis Group: The company was acquired by St Regis Group on an undisclosed date. The company is a manufacturer of tea infusers based in Montreal, Canada.

Milk & More / Freshways: The company, a subsidiary of Muller UK & Ireland Group reached a definitive agreement to be acquired by Freshways, a subsidiary of Medina Dairy, for an undisclosed amount on November 27, 2023. The company is an operator of an online marketplace and delivery service for food products.

No. 96 / Spiritus Ventures: The company was acquired by Spiritus Ventures for an undisclosed amount on November 27, 2023. The company is a provider of ready-to-drink cocktails based in California, United States.

Rügenwalder Mühle / Pfeifer & Langen: The company reached a definitive agreement to be acquired by Pfeifer & Langen (Cologne) for an undisclosed amount on November 28, 2023. The company is a producer and distributor of vegan, vegetarian and meat products based in Bad Zwischenahn, Germany.

Summit Hill Foods / EagleTree Capital: The company, a subsidiary of G&L Holdings, was acquired by EagleTree Capital, Misland Capital and other undisclosed investors through an LBO on November 30, 2023. The company specializes in offering multiple food products including hot sauces, gravy and seasoning blends.

World Fresh Produce / South Mill Champs Mushrooms: The company was acquired by South Mill Champs Mushrooms, via its financial sponsor Eos Partners, through an LBO on November 28, 2023 for an undisclosed amount. The company is a supplier of fruits based in Cherry Hill, New Jersey.