Consumer Private Placement and M&A Transactions Review Week Ending Jan 19, 2025

Pinhook: The company raised $13.1 million of venture funding through a combination of convertible debt and equity from undisclosed investors on January 13, 2025. The company is a manufacturer of bourbon and rye whiskeys.

NuCicer: The company raised $6.5 million of Series A venture funding from undisclosed investors on January 14, 2025, putting the company’s pre-money valuation at $7.5 million. The company is a producer of chickpea products for food ingredients.

Enhanced Medical Nutrition: The company raised $5 million of Series A venture funding in a deal led by dsm-firmenich Venturing and Ajinomoto on January 14, 2025. PeakBridge, Helder Ventures and other undisclosed investors also participated in the round. The company is a producer of clinical nutrition products intended to improve post surgery and critical illness outcomes.

Amai: The company raised $4.5 million of venture funding from undisclosed investors on January 17, 2025. The company is a developer of a biodegradable edible cup made from upcycled ingredients.

Atlantic Sea Farms: The company raised $3.8 million of venture funding from True Wealth Ventures, Bridge Builder Ventures Group and Third Nature on January 17, 2025. The company is a producer of farmed kelp products.

Tribe: The company raised GBP 2.4 million of venture funding in a deal led by Mercia Ventures on January 15, 2025. Yeos Ventures, Mercia Asset Management, Working Title Capital, and Crowdcube also participated in the round. The company is a producer of vegan and gluten-free sports nutrition products.

ingarden: The company raised EUR 1.2 million of venture funding from Gemüsering Stuttgart & undisclosed investors on January 16, 2025. The company is a provider of at home automated indoor farming technology.

Saffron Road: The company raised $1 million of venture funding from undisclosed investors on January 17, 2025. The company is a producer of halal-certified frozen meals and snacks.

The Black Farmer: The company received $1 million of development capital from Bibby Financial Services on January 15, 2025. The company is a provider of gluten-free meat products.

Call Your Mother: The company received an undisclosed amount of development capital from The Invus Group on January 13, 2025. The company is an operator of an American fast casual delicatessen chain focused on bagels and sandwiches.

Britvic / Carlsberg: The company was acquired by Carlsberg for GBP 4.1 billion on January 16, 2025. Britvic PLC manufactures and sells soft drink beverages, predominantly in Great Britain, France, Ireland, and Brazil.

Siete Family Foods / Pepsico: The company was acquired by Pepsico for $1.2 billion on January 17, 2025. The company is a producer of grain-free and gluten-free versions of traditional Mexican dishes.

Advanced Food Systems / Solina Group: The company was acquired by Solina Group, via its financial sponsor Astorg, through an LBO on January 15, 2025 for an undisclosed amount. The company is a producer of ingredient systems for meat and poultry products, frozen foods, sauces and marinades.

Azteca Bakeries / Sweetmore Bakeries: The company was acquired by Sweetmore Bakeries, via its financial sponsor Shore Capital Partners, through an LBO on January 16, 2025 for an undisclosed amount. The company is a producer of Hispanic pastries.

Gilligan’s on the Green / West Side Brewing: The company was acquired by West Side Brewing for an undisclosed amount on January 17, 2025. The company is an operator of a brewery based in Cincinnati, Ohio.

Matrix F.T. / Nexture Bio: The company was acquired by Nexture Bio for an undisclosed amount on January 19, 2025. The company designs and manufactures plant-based, edible nanofiber scaffolds and microbeads for cultivated protein.

Pier 7 Foods Import / Transgourmet: The company, a subsidiary of Bid was acquired by Transgourmet for an undisclosed amount on January 16, 2025. The company is a distributor of food products intended for restaurateurs and hoteliers in Germany and Austria.

RuckPack / C&H Precision: The company was acquired by C&H Precision for an undisclosed amount on January 17, 2025. The company is a producer of caffeine-free energy shots.

Spindrift Beverage Co. / Gryphon Investors: The company entered into a definitive agreement to be acquired by Gryphon Investors through an LBO on January 14, 2025 for an undisclosed amount. The company is a producer of sparkling water beverages.

Unilever Deutschland / Casalasco Società Agricola: Casalasco Società Agricola, via its financial sponsors Simest and QuattroR, entered into a definitive agreement to acquire the pasta sauce brands of Unilever Deutschland through an LBO on January 14, 2025 for an undisclosed amount. The company is a manufacturer of a range of pasta sauces.

Vertage / Misha’s: The company was acquired by Misha’s for an undisclosed amount on January 15, 2025. The company is a producer of plant-based cheese products.