Consumer Private Placement and M&A Transactions Review Week Ending March 30, 2025

Open Blue Cobia: The company raised $98.6 million of venture funding from undisclosed investors on March 24, 2025. The company is a leading supplier of Cobia and pioneer of open ocean fish farming .

ByHeart: The company raised $72.2 million of venture funding from undisclosed investors on March 27, 2025. The company is an operator of an infant formula and nutrition company.

Lucky Energy: The company raised $14.2 million of Series A venture funding in a deal led by dmg ventures and Maveron on March 27, 2025. Imaginary Ventures, Brand Foundry Ventures, Sugar Capital, Sapphire Ventures and Second Sight Ventures also participated in the round. The company is a producer of a sugar-less energy drink.

Mealogic: The company raised $12.2 million of venture funding through a combination of equity and convertible debt from undisclosed investors on March 25, 2025. The company is an operator of a white-label meal delivery platform.

CoffeeNow: The company raised $3.5 million of venture funding from undisclosed investors on March 28, 2025. The company is an operator of a food truck service intended to provide coffee offerings.

Elo Health: The company raised $3.5 million of venture funding from undisclosed investors on March 26, 2025. The company is a producer of personalized supplements in the form of gummies and powders.

LIVEKINDLY Collective: The company is in the process of raising venture funding from Collateral Good on an undisclosed date. The company is an operator of a conglomerate of plant-based food brands.

Nestle’s Water Business / Multiple Investors: The company has received bids to be acquired by PAI Partners, Bain Capital, Clayton, Dubilier & Rice and Kohlberg Kravis Roberts through an estimated EUR 5 billion LBO as of March 26, 2025. The company is a producer of bottled drinking water.

Hillandale Farms / Granja Faria: The company reached a definitive agreement to be acquired by Granja Faria for $1.1 billion on March 27, 2025. The company is a producer of eggs based in Gettysburg, United States.

Seafood Connection / Maruha Nichiro Holdings: Maruha Nichiro Holdings reached a definitive agreement to acquire a 10% stake in the company for JPY 3.546 billion on March 24, 2025. The company is a distributor of frozen fish products.

Ambala Foods / Eggfree Cake Box: The company was acquired by Eggfree Cake Box for EUR 22 million on March 24, 2025. The company is a producer and distributor of asian confectioneries.

Brouwerij De Molen / Thunnissen Ontwikkeling Ii: Thunnissen Ontwikkeling Ii reached a definitive agreement to acquire the company for EUR 2.425 million on March 27, 2025. The company is an operator of a craft brewery based in Bodegraven, Netherlands.

Anderson Valley Brewing / Individual Investor: The company, a subsidiary of Mainsheet Capital, was acquired by Mr. Jason McConnell for an undisclosed amount on March 26, 2025. The company is an operator of a craft brewery based in Boonville, California.

Bakkavor Group / Greencore Group: The company has received bids to be acquired by Greencore Group for an undisclosed amount on March 25, 2025. Bakkavor Group PLC manufactures and markets a wide variety of freshly prepared food, such as meals, desserts, pizza, bread, and salads.

Barrel Next / Compassare: The company was acquired by Compassare on an undisclosed date. The company is a producer of boutique whiskeys and spirits.

Bunge European Margarines and Spreads Business / Vandemoortele: Vandemoortele, a family-owned food group in Europe, reached a definitive agreement to acquire the European Margarines and Spreads Business of Bunge for an undisclosed amount on March 25, 2025.

CraftMark Bakery / One Equity Partners: The company entered into a definitive agreement to be acquired by One Equity Partners through an LBO on March 25, 2025 for an undisclosed amount. The company is a producer and supplier of frozen private label bakery products.

Delifrance / Vandemoortele: The company reached a definitive agreement to be acquired by Vandemoortele for an undisclosed amount on March 28, 2025. The company is a producer of  bakery, savory, and snacking products.

Yogusto / El Mexicano: The company reached a definitive agreement to be acquired by El Mexicano for an undisclosed amount on March 28, 2025. The company is an operator of a dairy manufacturing company based in Medley, Florida.