Consumer Private Placement and M&A Transactions Review Week Ending March 5 2023

Foxtrot: The company raised $18.6 million of venture funding in the form of convertible debt from undisclosed investors on February 27, 2023. The company is an operator of a retail platform designed to facilitate both offline and online shopping for customers.

immi: The company raised $10 million of Series A venture funding in a deal led by Touch Capital on March 1, 2023. Harizury, Siddhi Capital, Palm Tree Crew Investments, Constellation Capital, Gold House Ventures, Anti Fund VC, The Lab Capital Advisors, Theresa Kang, Lauren Kleinman, Naomi Osaka, Usher, Apolo Ohno and David Grutman also participated in the round. The company is a producer of food products intended to offer low net carb and high-protein instant ramen.

WNWN Food Labs: The company raised $5.6 million of Series A venture funding in a deal led by PeakBridge Partners on February 28, 2023. PINC Group, Investbridge AgriTech, Cell Capital Partners, Mustard Seed Maze, HackCapital, and Martin Braun-Gruppe also participated in the round. The company is a developer of food technology designed to create sustainable and ethical food alternatives.

Crop One: The company raised $2.5 million of venture funding from undisclosed investors on February 27, 2023. The company is a developer of a vertical farming technology designed to cultivate sustainable fresh, local food.

Fruchtwerker: The company raised an undisclosed amount of venture funding from Clever Clover in March 2023. The company is a manufacturer of fresh homemade fruit vinegar.

Le Philtre Organic Vodka: The company received development capital from Gravitation on an undisclosed date. The company is a producer of organic vodka based in Paris, France.

Mezcla: The company raised an undisclosed amount of venture funding from Santatera Capital in approximately March 2023. The company is a producer of plant-based protein bars.

Yelloh: The company (formerly Schwan’s Home Delivery) received an undisclosed amount of development capital from 4×4 Capital on February 28, 2023. The company is a direct-to-consumer frozen food delivery company that provides customers with ice cream, pizza, premium meats and seafood, breakfast items, desserts and more.

Lamb Weston Meijer / Lamb Weston Holdings: The company was acquired by Lamb Weston Holdings from Meijer Frozen Foods for EUR 525 million on February 28, 2023. The company is a producer of potato products based out of Kruiningen, Netherland.

Mimi’s Rock / FitLife Brands: The company was acquired by FitLife Brands for CAD 27.2 million on February 28, 2023. Mimi’s Rock Corp is a marketer and distributor of dietary supplements, vitamins, skin care and other wellness products through online channels to its customers in the United States, Canada and Europe.

Bixby Roasting / Westrock Coffee Company: The company was acquired by Westrock Coffee Company for an undisclosed amount on February 28, 2023. The company is a specialty-grade roaster that is a leader in the emerging influencer-led brand segment and is based in Los Angeles, California.

Halfon Candy Company / Harbor Wholesale Foods: The company was acquired by Harbor Wholesale Foods for an undisclosed amount on February 28, 2023. The company is a distributor of confectionary products and is based in Seattle, United States.

House Beer / Individual Investor: The company was acquired by Carey Hart for an undisclosed amount on March 1, 2023. The company is an operator of an online beer store intended to sell premium crafted beer and similar alcoholic beverages.

Thunderbird / Wella: The company was acquired by Wella for an undisclosed amount on March 1, 2023. The company is a producer of energy food bars with all natural ingredients.

Turncoat Distillery / Individual Investor: The company was acquired by Mr. Edward Ridding for an undisclosed amount on February 28, 2023. The company is an operator of a distillery based in Liverpool, United Kingdom.

Uno Pizzeria & Grill / ARYZTA: The Frozen And Refrigerated Branded Pizzas Business of Uno Pizzeria & Grill was acquired by ARYZTA, via its financial sponsor Brynwood Partners, through an LBO on February 28, 2023 for an undisclosed amount. The company manufactures and distributes frozen and refrigerated Uno branded pizzas in Brockton, Massachusetts.

W.T. Lynch Foods / Astorg: The company was acquired by Solina Group, via its financial sponsor Astorg, through an LBO on March 2, 2023 for an undisclosed amount. The company is a producer of customized savory and sweet culinary products intended to serve food service and restaurant, healthcare and industrial clients.