Consumer Private Placement and M&A Transactions Review Week Ending June 4, 2023

Chamberlain Coffee: The company raised $7 million of venture funding in a deal led by United Talent Agency, Emma Chamberlain and Blazar Capital on June 1, 2023. Volition Capital, Electric Feel Ventures, L.A. Libations, and Noah Bremen also participated in the round. The company is a producer and retailer of sustainably sourced coffee and related products.

Amai: The company is in the process of raising $4.5 million of venture funding in a combination of debt and equity as of June 1, 2023. The company is a developer of a biodegradable, edible cup that is environmentally friendly and that reduces waste.

Casa Del Sol: The company raised $2 million of venture funding through a combination of equity and convertible debt from undisclosed investors on May 30, 2023. The company is a producer of alcoholic beverages based in Santa Ynez

Wholy Greens: The company raised $1.2 million of venture funding from undisclosed investors on June 2, 2023. The company is a producer of vegetable-based food cereals.

Lindy’s Homemade: The company received development capital from Pittco Management on an undisclosed date. The company is a producer of ice cream based in Charlotte, North Carolina.

Tony’s Chocolonely: The company received an undisclosed amount of development capital from Redbus Venture in June 2023. The company is a manufacturer of sustainably produced chocolates.

Oscar Mayer / Pemberton Asset Management: The company was acquired by Pemberton Asset Management through a GBP 55 million LBO on June 2, 2023. The company is a producer of ready-to-serve meals and snacks in the United Kingdom.

Corner Bakery Cafe / SSCP Management: The company reached a definitive agreement to be acquired by SSCP Management for $15 million on June 1, 2023. The company is an owner and operator of a chain of cafes serving bread, sweets and other food products.

Aphrodite Divine Confections / Johnson Bros. Bakery Supply: The company was acquired by Johnson Bros. Bakery Supply for an undisclosed amount on June 2, 2023. The company is a manufacturer of frozen desserts based in Garland, United States.

Bev / E & J Gallo Winery: The company was acquired by E & J Gallo Winery, a subsidiary of Gallo Family Vineyards, for an undisclosed amount on June 1, 2023. The company is a producer of premium canned wines, spritzers and alcoholic cocktail beverages.

Calyxt / Cibus: The company was acquired by Cibus through a reverse merger for an undisclosed amount on June 1, 2023. Calyxt Inc is a plant-based synthetic biology company.

Duclaw Brewing / River Horse Brewing: The company was acquired by River Horse Brewing for an undisclosed amount on June 1, 2023. The company is a manufacturer of craft beer beverages based in the Northeast United States.

Emerald Nuts / Flagstone Foods: The company, a subsidiary of Campbell Soup, was acquired by Flagstone Foods, via its financial sponsor Atlas Holdings, through an LBO on May 30, 2023 for an undisclosed amount. The company is a producer of snacks and dry fruits based in Charlotte, North Carolina.

Everly Wellness / Gruum: The company was acquired by Gruum for an undisclosed amount on May 30, 2023. The company is a manufacturer of vitamin and mineral health supplements.

GoodLife Foods / IK Partners: The company entered into a definitive agreement to be acquired by IK Partners and its management through an LBO on May 30, 2023 for an undisclosed amount. The company is a producer of frozen meat and bread products intended for customers across Europe.

Ninkasi Brewing / Ashland Hard Seltzer: The company was acquired by Ashland Hard Seltzer for an undisclosed amount on May 31, 2023. The company is an operator of a craft beer brewery.