Consumer Private Placement and M&A Transactions Review Week Ending Jan 21, 2024

Bloom Nutrition: The company received $90 million of development capital from Nutrabolt, Amberstone and Mr. Clayton Christopher on January 17, 2024. The company is a producer and seller of supplements.

IGS: The company raised GBP 22.5 million of Series C venture funding from S2G Ventures, Scottish Enterprise, and Cleveland Avenue on January 18, 2024. Ospraie Ag Science, DCT Capital, Cofra Holding, and other undisclosed investors also participated in the round. The company is a developer of an agricultural technology designed to create optimal conditions for vertical farming.

Farm-ng: The company raised $10 million of Series A venture funding in a deal led by Acre Venture Partners on January 18, 2024. Xplorer Capital, HawkTower and other undisclosed investors also participated in the round. The company is a manufacturer of general purpose off-road robotics hardware and software products for farming.

Ashland Hard Seltzer: The company raised $3 million of venture funding from undisclosed investors on January 19, 2024. The company’s alcoholic beverages are made with all-natural ingredients and contain no sugar, no fat, zero carbohydrates, and are malt-free and gluten-free.

Filmland Spirits: The company raised $1.5 million of Series A venture funding from undisclosed investors on January 16, 2024, putting the company’s pre-money valuation at $10 million. The company offers a range of different flavored, carbonated soft and energy drinks, mixers and still beverages.

Workshop Coffee: The company received GBP 1 million of development capital from Mr. James Dickson, The FSE Group and multiple new high net worth investors on January 19, 2024. The company offers coffee products, grinders, brewers, filters, and other accessories.

Veg House: The company raised $1.25 million of venture funding from undisclosed investors on January 19, 2024. The company is an operator of a plant-based e-commerce company that offers vegan products.

Sunday Natural / CVC Capital Partners: The company entered into a definitive agreement to be acquired by CVC Capital Partners through an approximately EUR 900 Million LBO on January 15, 2024. The company is an operator of an e-commerce platform focused on selling food supplements like vitamins, nutrients, superfoods, tea, and other products.

AMD Swiss / Grupo Nabeiro: The company was acquired by Grupo Nabeiro for an undisclosed amount on January 15, 2024. The company is a retailer of dry, fresh and frozen products based in Attalens, Switzerland.

Caribou Coffee Company / JDE Peet’s: The Caribou Coffee division of Panera Brands reached a definitive agreement with JDE Peet’s to license its brand in consumer packaged goods and foodservice, and transfer its production roasting operations in Minnesota, as well as all of Caribou’s office coffee and foodservice contracts, for approximately $260 million on January 18, 2024. Caribou Coffee is an operator of retail coffee shops, and is a manufacturer of coffee products based in Minneapolis, Minnesota.

Juvee / Sprecher: The company, a subsidiary of 100 Thieves, was acquired by Sprecher for an undisclosed amount on January 18, 2024. The company is a producer of energy drinks headquartered in Los Angeles, California.

Love Handmade Cakes / Regal Food Products: The company was acquired by Regal Food Products for an undisclosed amount on January 17, 2024. The company is a producer of cake products based in Leeds, United Kingdom.

Nutpods / MPearlRock: The company was acquired by MPearlRock, via its financial sponsor MidOcean Partners, through an LBO on January 16, 2024 for an undisclosed amount. The company is a producer of dairy-free beverage creamers.

The Bay Tree Food / Bramble Foods: The company was acquired by Bramble Foods, via its financial sponsor LDC, through an LBO on January 16, 2024 for an undisclosed amount. The company sells a variety of products including chutneys, relishes, pickles, jams, marmalades and pasta.

The Bury Black Pudding Company / Panicium: The company was acquired by Panicium, via its financial sponsor Acorn Capital Partners, through an LBO on January 15, 2024 for an undisclosed amount. The company is a producer of black pudding and is based in the United Kingdom.

tropextrakt / Duas Rodas: The company was acquired by Duas Rodas for an undisclosed amount on January 18, 2024. The company is a supplier of raw materials intended to serve the beverage, milk processing, confectioner and nutritional supplements industry.