Strategy | Financing Transactions
Private Placement / Financing Transactions

Planet A Foods: The company raised $30 million of Series B venture funding in a deal led by Burda Principal Investments and Zintinus on December 5, 2024. Omnes Capital, Tengelmann Ventures, Bayern Kapital, AgriFoodTech Venture Alliance, Cherry Ventures and World Fund also participated in the round. The company is a producer of plant-based, cocoa-free chocolate products.

FarmWise: The company raised $13.7 million of venture funding in the form of convertible debt from Riverstone Ventures and other undisclosed investors on December 4, 2024. The company is a developer of farming robots designed to facilitate autonomous cultivation and organic farming.

ModifyHealth: The company raised $13.5 million of Series C venture funding in a deal led by Dohmen on December 4, 2024. RC Capital (Cincinnati) and Nashville Capital Network also participated in the round. The company is a provider of personalized, diet-focused meal delivery services.

Khloud: The company raised $4.5 million of venture funding from undisclosed investors on December 3, 2024. The company is a producer of high-protein popcorn and snacks based in Los Angeles, United States.

BHAKTA: The company raised $2.1 million of venture funding from undisclosed investors on December 5, 2024. The company is an operator of a premium spirit brand.

Sunnie: The company raised $1 million of venture funding through a combinaton of equity and SAFE notes from SWAT Equity Partners, Fulcrum Collective and other undisclosed investors on December 3, 2024. The company is a producer of plant-based, pre-packaged snacks intended for children.


M&A Transactions

Voortman Cookies / Second Nature Brands: The company, a subsidiary of Hostess Brands, was acquired by Second Nature Brands, via its financial sponsor CapVest Partners, through a $305 million LBO on December 3, 2024. The company is an operator of a cookie bakery based in Burlington, Canada.

Harris Tea / Treehouse Foods: Treehouse Foods entered into a definitive agreement to acquire the private brand tea business of Harris Tea for $205 million on December 02, 2024. The company is a manufacturer of private label tea.

Typhoo Tea / Supreme Imports: The company was acquired by Supreme Imports for GBP 10.2 million on December 2, 2024. The company is an operator of a tea manufacturing company based in Bristol, United Kingdom.

ACG Products / Unknown Investor: The company was acquired for an undisclosed amount on December 2, 2024. The company is a producer of animal nutrition products.

Anthony’s Coal Fired Pizza / Individual Investor: The company, a subsidiary of BurgerFi International, was acquired by Mr. Kuljeet Singh for an undisclosed amount on December 2, 2024. The company is an operator of a chain of pizza restaurants.

Arcadia Biosciences / Roosevelt Resources: The company reached a definitive agreement to be acquired by Roosevelt Resources for an undisclosed amount on December 5, 2024. Arcadia Biosciences Inc is a producer of plant-based health and wellness products.

Europe Snacks / One Rock Capital Partners: The company was acquired by One Rock Capital Partners through an LBO on December 2, 2024 for an undisclosed amount. The company is a producer of private-label snacks intended for food distribution and retail markets across Europe.

Flora Springs / Individual Investors: The company was acquired by Ms. Gina Gallo-Boisset and Mr. Jean-Charles Boisset for an undisclosed amount on December 6, 2024. The company is an operator of a winery in Saint Helena, California.

Henri / Bracamonte Seafood: The company was acquired by Bracamonte Seafood for an undisclosed amount on December 5, 2024. The company is a producer of ready-to-eat meals based in Drunen, Netherlands.

Shandy Shack / Shs Drinks: The company was acquired by Shs Drinks for an undisclosed amount on December 5, 2024. The company is a producer of vegan, gluten-free, lower-alcohol shandies.

Spectra Confectionery / SK Capital Partners: The company was acquired by SK Capital Partners through an LBO on December 5, 2024 for an undisclosed amount. The company is a producer of decorative toppings and inclusions for bakeries, ice cream shops, and snack food manufacturers.

Svedka Vodka / Sazerac: The company, a subsidiary of Constellation Brands reached a definitive agreement to be acquired by Sazerac for an undisclosed amount on December 3, 2024. The company is a producer and distributor of vodka based in New York, United States.

Taft’s Brewing Company / Cincinnati Beverage Co.: The company was acquired by Cincinnati Beverage Co. for an undisclosed amount on December 4, 2024. The company is an operator of a beer brewery in Ohio.

Toad-Ally Snax / Weaver Nut Company: The company was acquired by Weaver Nut Company for an undisclosed amount on December 6, 2024. The company is a manufacturer of food products based in Bristol, Pennsylvania.

WECO / Feast & Fettle: The company was acquired by Feast & Fettle for an undisclosed amount on December 3, 2024. The company is a provider of a private chef and meal delivery service.


Source: Pitchbook Data, Inc.

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