Strategy | Financing Transactions
Private Placement / Financing Transactions

Crafty: The company raised $8.7 million of venture funding from undisclosed investors on May 31, 2024. The company is a developer of a pantry management platform intended to help workplaces manage food, beverage, and supplies for their in-office, remote, and hybrid teams.

Clean Crop Technologies: The company raised $6 million of venture funding in the form of convertible debt from E8, MassMutual Impact Investing and other undisclosed investors on May 28, 2024. The company is a developer of a novel cold plasma technology designed to improve crop yields and reduce food waste.

José Andrés Group: The company raised an undisclosed amount of venture funding from The RockCreek Group on May 30, 2024. The company is an operator of a group of restaurants and a producer of culinary media content.

Plantin: The company received an undisclosed amount of development capital from FrenchFood Capital on May 29, 2024. The company is a producer of truffle and mushroom products based in Puyméras, France.

Roti: The company received an undisclosed amount of development capital from QVIDTVM in June 2024. The company is an operator of a fast-casual Eastern Mediterranean restaurant chain.

Verve Coffee Roasters: The company received an undisclosed amount of development capital from QVIDTVM in June 2024. The company is an operator of a specialty coffee company.


M&A Transactions

Viactiv / Doctor’s Best: The company, a subsidiary of Guardion Health Sciences, was acquired by Doctor’s Best, a subsidiary of Xiamen Kingdomway Group, for $17.2 million on May 31, 2024. The company is a developer and manufacturer of chewable health supplements intended for bone health, immune health, and other applications.

Anchor Brewers & Distillers / Individual Investor: The company was acquired by Mr. Hamdi Ulukaya for an undisclosed amount on May 31, 2024. The company is an operator of a craft brewery.

Connoils / CoreFX Ingredient: The company was acquired by CoreFX Ingredient, a subsidiary of Ornua, for an undisclosed amount on May 28, 2024. The company is a producer and distributor of oil-based supplements intended for nutraceuticals, pet nutrition, beauty products, essential oils, and sports nutrition industries.

Fauchon / Fossier Distribution: The company was acquired by Fossier Distribution for an undisclosed amount on May 28, 2024. The company is an operator of a gourmet food and delicatessen company intended to serve retail, school, food and beverage, and hospitality sectors.

Paesano Pizza / DRG UK: The company was acquired by DRG UK for an undisclosed amount on June 1, 2024. The company is an operator of a pizza delivery restaurant based in Glasgow, United Kingdom.

Pritzlaff Wholesale Meats / Moesle Meat Distribution: The company was acquired by Moesle Meat Distribution, via its financial sponsors Ellery Partners and Shore Capital Partners, through an LBO on May 30, 2024 for an undisclosed amount. The company is a distributor of meat products.

Slice / Suja Juice: The company was acquired by Suja Juice for an undisclosed amount on May 28, 2024. The company is a producer of healthy soda products.

St. Clair Foods / Reser’s Fine Foods: The company reached a definitive agreement to be acquired by Reser’s Fine Foods for an undisclosed amount on May 29, 2024. The company is a producer of refrigerated deli salads, frozen side dishes and frozen entrees for the food service industry.

Walser Fleischwaren / Sutterlüty Handels: The company, a subsidiary of 11er Nahrungsmittel, was acquired by Sutterlüty Handels for an undisclosed amount on May 29, 2024. The company is a producer of meat products based in Meiningen, Germany.

Warfield Distillery & Brewery / Individual Investor: The company was acquired by Mr. Steve Landers Jr. for an undisclosed amount on May 31, 2024. The company is an operator of an organic distillery and brewery.

Kalil Bottling / Keurig Dr Pepper: The company reached a definitive agreement to be acquired by Keurig Dr Pepper for an undisclosed amount on May 31, 2024. The company is a beverage distributor and bottler.

Privatbrauerei Eichbaum / Individual Investor: The company reached a definitive agreement to be acquired by Mr. Andreas Hiby-Durst for an undisclosed amount on May 27, 2024. The company is a producer of alcoholic beverages based in Mannheim, Germany.


Source: Pitchbook Data, Inc.

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