Strategy | Financing Transactions
Private Placement / Financing Transactions

Bene Bono: The company raised EUR 10 million of venture funding in a deal led by AXA Venture Partners on March 5, 2024. Stride.VC, Project A Ventures and 2050 (VC) also participated in the round. The company is a provider of fruit and vegetable delivery services.

Roar: The company raised $10 million of venture funding from Factory on March 7, 2024. The company is a producer of hydration drinks.

Cultivated Biosciences: The company raised $5 million of venture funding in a deal led by Navus Ventures on March 6, 2024. Mandi Ventures, Hack Capital, Founderful, Lukas Boni, Joyful Ventures and Zürcher Kantonalbank also participated in the round. The company is a producer of yeast-based food ingredients.

Wandering Bear Coffee: The company raised $2 million of venture funding from undisclosed investors on March 7, 2024. The company is a producer of organic, cold brewed boxed coffee.

Buoy Beer Co.: The company raised $1.5 million of venture funding from undisclosed investors on March 6, 2024. The company is an operator of a brewing company based in Astoria, Oregon.

MALK Organics: The company raised an undisclosed amount of venture funding in a deal led by Rotor Capital and Benvolio Group on March 6, 2024. The company is a producer of oat and nut milk alternatives.

Roboeatz: The company raised an undisclosed amount of venture funding from ABB Technology Ventures on March 6, 2024. The company is a developer of an autonomous robotic kitchen system designed to prepare, cook, and serve a wide range of made-to-order hot and cold food dishes.


M&A Transactions

Concord Foods / Sugar Foods: The company was acquired by Sugar Foods, via its financial sponsor Pritzker Private Capital, through an LBO on March 7, 2024 for an undisclosed amount. The company is a supplier of retail food products and custom ingredients for supermarkets, food service operators and food manufacturers.

Dan-O’s Seasoning / Crosby Interactive: The company reached a definitive agreement to be acquired by Crosby Interactive for an undisclosed amount on March 6, 2024. The company is a manufacturer of seasoning products based in Louisville, Kentucky.

Flying Embers / JuneShine: The company reached a definitive agreement to be acquired by JuneShine for an undisclosed amount on March 4, 2024. The company is a producer of alcoholic kombucha, seltzers, and RTD cocktails.

Greenville Produce / Foster-Caviness: The company was acquired by Foster-Caviness for an undisclosed amount on March 5, 2024. The company is a wholesale distributor of fresh fruits and vegetables.

Hampshire Cheese / Butlers Farmhouse Cheeses: The company was acquired by Butlers Farmhouse Cheeses for an undisclosed amount on March 6, 2024. The company is a producer of cheese based in Herriard, England.

Ideal Foods / Pelagia: The company was acquired by Pelagia for an undisclosed amount on March 7, 2024. The company is a supplier of fish, shellfish and fish by-products.

Montaner Pietrini Boissons / LFPI Group: The company was acquired by LFPI Group and its management through an LBO on March 5, 2024 for an undisclosed amount. The company is a distributor of alcoholic and non-alcoholic beverages to cafés, hotels, and restaurants.

Royal Duyvis Wiener / PROBAT-Werke von Gimborn Maschinenfabrik: The company was acquired by PROBAT-Werke von Gimborn Maschinenfabrik for an undisclosed amount on March 5, 2024. The company is a manufacturer of chocolate production equipment and products like cocoa, chocolate, and nuts.

Stellar Pizza / Hanwha Foodtech Global: The company was acquired by Hanwha Foodtech Global for an undisclosed amount on March 4, 2024. The company is an operator of robotic mobile pizza delivery trucks.

SunOpta / Sambazon: The açaí and smoothie bowls business of SunOpta, was acquired by Sambazon for an undisclosed amount on March 08, 2024. The company is a producer of açaí and smoothie bowls based in Eden Prairie, Minnesota.


Source: Pitchbook Data, Inc.

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