Consumer Private Placement and M&A Transactions Review Week Ending Feb 11, 2024

Kroma Wellness: The company raised $5.2 million in Series A venture funding from undisclosed investors on February 6, 2024, putting the company’s pre-money valuation at $9 million. The company is a producer of nutrient-rich foods designed for fitness, health and wellness.

Daily Crunch: The company raised $1.14 million of venture funding from undisclosed investors on February 7, 2024. The company produces snack foods made from nuts that have been soaked, sprouted and dehydrated.

My Pie: The company received an undisclosed amount of development capital from Ardian on February 6, 2024. The company is a France-based producer of hot snacks, such as pizza, croque, petit plat, tourte, and patés for wholesale distribution to supermarkets and other major food retailers.

bistroMD / Martha Stewart & Marley Spoon: The company was acquired by Martha Stewart & Marley Spoon for an undisclosed amount on February 9, 2024. The company is a provider of direct-to-consumer, doctor-designed and chef-prepared subscription meal delivery services that provide ready-to-eat meals.

HighKey Snacks / Creations Foods: The company was acquired by Creations Foods, via its financial sponsor Rio Investment Partners, through an LBO on February 7, 2024 for an undisclosed amount. The company’s snacks are gluten-free and low-sugar to eliminate carbs and sugar to improve eating habits and lifestyle.

Keyleaf / Bioriginal Food & Science: The company was acquired by Bioriginal Food & Science, a subsidiary of Omega Protein, from Canopy Growth for an undisclosed amount on February 7, 2024. The company is a provider of plant-based ingredients to the food, nutraceutical, cosmetics and bio-product industries through technology designed to extract, fractionate, purify, and modify plant-based material.

OMGTea / Aiya Matcha: The company was acquired by Aiya Matcha for an undisclosed amount on February 7, 2024. The company is a provider and supplier of matcha green tea for the beverage industry.

Southwest Spirits & Wine / Unknown Investor: The company was acquired for an undisclosed amount on February 6, 2024. The company is a producer of alcoholic beverages intended for consumers, retailers and distributors.

Sun Grape California / Sun Grape USA: The company was formed as a joint venture between Sun Grape USA and The Oppenheimer Group for an undisclosed amount on February 6, 2024. The company is a producer and distributor of grapes based in Delano, California.

Zorba Foods / The Compleat Food Group: The company, a subsidiary of The Entrepreneurial Food Group, was acquired by The Compleat Food Group, via its financial sponsor PAI Partners, through an LBO on February 5, 2024 for an undisclosed amount. The company is a producer and distributor of dips, deli fillers, and soups for food service and retail customers.