Strategy | Financing | Macro & Markets
Private Placement / Financing Transactions

Ripple: The company raised $17 million of venture funding from Rich Products Ventures, Material Impact and Fall Line Capital on December 2, 2025. Prelude Ventures, S2G Investments, Tao Capital Partners, Tim Koogle and Euclidean Capital also participated in the round. The company is a producer of plant-based milk alternatives and dairy-free beverages.

Borough Broth: The company received GBP 7.5 million of development capital from Piper Private Equity on December 1, 2025. The transaction values the company at GBP 19.5 million. The company is a producer of organic bone broth products for cooking and wellness applications.

Maia Farms: The company raised $8.25 million of venture funding from Protein Industries Canada and Genome British Columbia on December 5, 2025. The company is a developer of mycoprotein production technology using mushroom fermentation to create meat alternatives from agricultural byproducts.

Tete Haute: The company raised EUR 4 million of venture funding from Lita.co, Banque des Territoires and Inco Ventures on December 4, 2025. Phitrust Partenaires also participated in the round. The company is an operator of a craft brewery.

Blueprint Labs: The company raised an undisclosed amount of venture funding from North Island Ventures in December 2025. The company is a producer of nutritional supplements and longevity-focused health products with clinically tested formulations.

Bruno: The company raised an undisclosed amount of venture funding from Capital Q Ventures in approximately December 2025. The company is a producer of occasion-based wine packages.

Foodvibez: The company raised an undisclosed amount of venture funding from Food Labs in approximately December 2025. The company is an operator of an online marketplace for influencer-created and content creator-branded food and beverage products.

Josef Bernbacher & Sohn: The company received an undisclosed amount of development capital from BayBG in December 2025. The company is a producer of pasta and packaged food products for retail and distribution channels.

Living Water Tea House: The company raised an undisclosed amount of venture funding from Impact Foundation in December 2025. The company is an operator of contemporary Asian tea cafes offering specialty tea beverages and cultural experiences.

Neoh: The company received an undisclosed amount of development capital from Zintinus in December 2025. The company is a producer of high-protein chocolate bars and low-sugar confectionery snacks.

Pop’it: The company raised an undisclosed amount of venture funding from Food Labs in December 2025. The company is a producer of prebiotic sodas and functional sparkling beverages.

Upterra: The company raised an undisclosed amount of venture funding from Big Idea Ventures on December 2, 2025. The company is a developer of biomimicry-based irrigation hardware and agricultural water management systems for farms.


M&A Transactions

Ronzoni / Richardson International: The company, a subsidiary of 8th Avenue Food & Provisions, was acquired by Richardson International for $375 million on December 1, 2025. The company is a producer of dry pasta products for retail and foodservice distribution.

Graze / Candy Kittens: The company, a subsidiary of Unilever, reached a definitive agreement to be acquired by Candy Kittens, a subsidiary of Katjes Fassin, for GBP 35 million on December 1, 2025. The company is an operator of an online snack subscription service providing healthy snack boxes for individuals and corporate customers.

Caffe Luxxe / Sugarfina USA: The company was acquired by Sugarfina USA, via its financial sponsors Everplus Capital, Cambridge Companies SPG and Bristol Capital Advisors, through an LBO on December 5, 2025 for $an undisclosed amount24.5 million. The company is an operator of an upscale specialty coffee roaster and café chain based in Santa Monica, California.

Country Pure Foods / Peterson Farms: The company was acquired by Peterson Farms, via its financial sponsor Mubadala Capital, through an LBO on December 2, 2025 for an undisclosed amount. The company is a producer of fruit juices, beverages, and flavored drinks.

Deep Purpl – Acai Bowls / Grupo Trigo Empreendimentos e Participacoes: The company was acquired by Grupo Trigo Empreendimentos e Participacoes for an undisclosed amount on December 3, 2025. The company is an operator of fast-casual restaurants serving acai bowls and health-focused food.

Grotto Pizza / Individual Investors: The company was acquired by Mr. Jeffrey Gosnea and Mr. Adam Webster for an undisclosed amount on December 4, 2025. The company is an operator of a regional pizza restaurant chain based in Rehoboth Beach, Delaware.

Hungry Planet / Bettani: The company was acquired by Bettani for an undisclosed amount on December 4, 2025. The company is a producer of plant-based meat alternatives replicating the taste and texture of conventional meat.

Luke Columbia Valley Wines / Evergreen Family Wines: The company was acquired by Evergreen Family Wines for an undisclosed amount on December 3, 2025. The company is a producer of wines from grapes grown in Washington’s Wahluke Slope region.

Manna Beverages Anaheim Facility / Us Beverage Packers: The Manna Beverages Anaheim Facility of Manna Beverages & Ventures, was acquired by Us Beverage Packers for an undisclosed amount on December 1, 2025. The company is a manufacturer of co-packed beverage products.

Maple Hill Creamery / Horizon Organic Holding: The company was acquired by Horizon Organic Holding, via its financial sponsor Platinum Equity, through an LBO on December 1, 2025 for an undisclosed amount. The company is a producer of organic yogurt and grass-fed dairy products.

NewTree Fruit / James Finlay: The company received an undisclosed amount of financing from James Finlay on December 3, 2025. The company is a producer of de-sugared fruit juices and beverages with natural fruit sugars removed while preserving the nutrient content.

NUMU / Bettani: The company was acquired by Bettani for an undisclosed amount on December 4, 2025. The company is a producer of vegan cheese alternatives for pizza toppings and food applications.

Old World Provisions / Pacific General: The company was acquired by Pacific General and S-Food for an undisclosed amount on December 3, 2025. The company is a producer of specialty meats and charcuterie products for retail, foodservice, and wholesale distribution.

Oregon Berry Packing / Twin River South: The company was acquired by Twin River South for an undisclosed amount on December 1, 2025. The company is a producer of fresh and frozen berries for domestic and international markets.

Rene Laurent / Prodalim Group: The company, a subsidiary of NovaTaste Austria, was acquired by Prodalim Group, via its financial sponsors Vaalon Capital and Rinkelberg Capital, through an LBO on December 1, 2025 for an undisclosed amount. The company is a producer of natural flavor extracts and food flavoring ingredients in Le Cannet, France.

Ste. Michelle Wine Estates / Wyckoff Farms and Coventry Vale Winery: The company was acquired by Wyckoff Farms and Coventry Vale Winery for an undisclosed amount on December 4, 2025. The company is an operator of wineries and wine brands across Washington, Oregon, California, and international regions including Italy, New Zealand, and France.

Wisconsin Whey Protein / Royal FrieslandCampina: The company entered into a definitive agreement to be acquired by Royal FrieslandCampina, via its financial sponsors International Finance and FMO Entrepreneurial Development Bank, through an LBO on December 2, 2025 for an undisclosed amount. The company is a producer of whey protein concentrate, isolate, and lactose ingredients for the infant formula, medical nutrition, and wellness industries.


Source: Pitchbook Data, Inc.

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