Strategy | Financing | Macro & Markets
Private Placement / Financing Transactions

Fruitist: The company received $150 million of development capital from JP Morgan Asset Management, WP Global Partners, Avenue Capital Group, Aliment Capital, Steve Kaplan, 888 Midas, Bridgewater Associates, responsAbility Investments and KuE Capital on October 29, 2025. The transaction values the company at an estimated $1 billion. The company is a producer of fresh fruit products and healthy snack alternatives for retail and foodservice channels.

Recess: The company raised $30 million of Series B venture funding in a deal led by CAVU Consumer Partners on October 27, 2025, putting the company’s pre-money valuation at $112 million. Vanquish Equity, Torch Capital, Rocana Ventures Partners, Midnight Venture Partners, Döhler Ventures, KAS Venture Partners, Craig Kallman and other undisclosed investors also participated in the round. The company is a producer of functional sparkling water beverages infused with adaptogens and hemp extract for stress relief and relaxation.

The Jackfruit Company: The company received $1.5 million of development capital from undisclosed investors on October 28, 2025. The company is a producer of plant-based meat alternatives and packaged jackfruit products for retail and foodservice distribution.


M&A Transactions

Global Coffee Pod (K-CUP) / Apollo Asset Management: Apollo Asset Management, Kohlberg Kravis Roberts, The Goldman Sachs Group and Keurig Dr Pepper have entered into an agreement to form a joint venture for $4 billion as of October 27, 2025. The company is a manufacturer of single-serve coffee pods and K-Cup products for coffee brands, retailers, and distributors globally.

Atrium Brewing / Individual Investors: The company was acquired by Mr. Spencer Guy, and Mr. Max Myers. for an undisclosed amount on October 28, 2025. The company is an operator of a craft brewery in Louisville, Kentucky..

B&G Foods / Nortera: Nortera, via its financial sponsors Fonds de solidarite FTQ and Caisse de dépôt et placement du Québec, entered into a definitive agreement to acquire the shelf-stable vegetable product lines of B&G Foods, through an LBO on an October 27, 2025 for an undisclosed amount. The company is a producer of canned and frozen vegetables for retail distribution across Canada.

Bene Bono / QuiToque: The company was acquired by QuiToque for an undisclosed amount on October 27, 2025. The company is an operator of a surplus produce distribution service that sources imperfect and excess fruits and vegetables from farms and distributes them through subscription boxes to reduce food waste.

Carambar & Co. / Ferrara Candy Company: The company was acquired by Ferrara Candy Company, a subsidiary of Ferrero International, for an undisclosed amount on October 31, 2025. The company is a producer of candy, chocolate, and confectionery products in Issy-les-Moulineaux, France.

Costa Coffee / Multiple Investors: The company has received bids to be acquired by TDR Capital, Kohlberg Kravis Roberts and Bain Capital through an LBO as of October 27, 2025 for an undisclosed amount. The company is an operator of a coffeehouse chain serving espresso beverages, food, and ready-to-drink products for on-premises and takeaway consumption.

Creamy Creation / Stockmeier Holding: The company was acquired by Stockmeier Holding for an undisclosed amount on October 28, 2025. The company is a producer of beverage ingredients, liquid concentrates, and nutritional drink formulations for hotels, restaurants, and foodservice operators.

Find Familiar Spirits / Pond Technologies Holdings: The company announced an agreement to be acquired by Pond Technologies Holdings and become publicly traded through a reverse merger. The company is a manufacturer of craft spirits and specialty alcoholic beverages with gaming-themed branding and packaging.

Jager Holland / Postuma AGF: The company was acquired by Postuma AGF for an undisclosed amount on October 27, 2025. The company is a provider of fresh fruits and vegetables to retail and foodservice customers in Emmen, Netherlands.

Justin’s / Forward Consumer Partners: The company entered into a definitive agreement to be acquired by Forward Consumer Partners through an LBO on October 28, 2025 for an undisclosed amount. The company is a manufacturer of organic nut butters, peanut butter cups, and snack products in Boulder, Colorado.

L’Hermine Gourmande / MAT!: The company was acquired by MAT! for an undisclosed amount on October 27, 2025. The company is a provider of roasted coffee and tea products, catering to retailers and hospitality professionals in France.

Leon Restaurants / Individual Investor: The company was acquired by Mr. John Vincent for an undisclosed amount on November 1, 2025. The company is an operator of a fast-casual restaurant chain serving Mediterranean-inspired healthy food including wraps, salads, and grain bowls

Ne-Mo’s Bakery / Cotton Creek Capital: The company was acquired by Cotton Creek Capital through an LBO on October 29, 2025 for an undisclosed amount. The company is a producer of custom cakes, pastries, and bakery products for retail and special occasion orders.

Orbillion / Fork & Good: The company was acquired by Fork & Good for an undisclosed amount on October 30, 2025. The company is a producer of cultivated meat using cellular agriculture technology for sustainable protein production.

Spiceland / Midwest Foods: The company was acquired by Midwest Foods for an undisclosed amount on October 27, 2025. The company is an operator of a spice blending and seasoning business serving professional chefs and commercial foodservice operations.

The Chocolate Family / Windel: The company was acquired by Windel for an undisclosed amount on October 30, 2025. The company is a producer of Belgian chocolates and chocolate confections in Breda, Netherlands.

Vinoteca / The Evolv Collection: The company was acquired by The Evolv Collection, via its financial sponsors Keystone Brewing Group, Calveton and Beechbrook Capital, through an LBO on October 31, 2025 for an undisclosed amount. The company is an operator of wine bars and restaurants featuring curated wine selections and contemporary dining menus.

West Horsley Dairy / Granarolo: The company was acquired by Granarolo, a subsidiary of Granlatte Societa Cooperativa Agricola A Responsabilita Limitata In Sigla Granlatte, for an undisclosed amount on October 27, 2025. The company is a supplier of milk, cream, and dairy products to foodservice operators in London and Southeast England.

Wine Exchange / SPECTRUM WINE AUCTIONS: The company, a subsidiary of Best Wines, was acquired by SPECTRUM WINE AUCTIONS for an undisclosed amount on November 1, 2025. The company is an operator of of an e-commerce platform selling fine wines and spirits from international producers and vineyards.


Source: Pitchbook Data, Inc.

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