Strategy | Financing Transactions
Private Placement / Financing Transactions

5Metis: The company is in the process of raising $15 million in venture funding as of October 31, 2024. The company is an operator of an agrichemical solving fungicide resistance for growers.

Ghost Tequila: The company raised $12 million of venture funding from Raptor Group and other investors on November 1, 2024. The company is a producer of tequila and flavored tequila-based beverages.

CookUnity: The company raised $11.25 million of venture funding in the form of convertible debt from undisclosed investors on October 28, 2024. The company is an operator of a meal subscription and delivery service platform.

Table22: The company raised $11 million of Series AA venture funding in a deal led by Lightspeed Venture Partners on October 29, 2024, putting the company’s pre-money valuation at $40 million. Forerunner Ventures, Footwork, Alt Capital (San Francisco), and other undisclosed investors also participated in the round. The company is an operator of a digital hospitality platform intended to help restaurants manage and grow offerings to customers.

Picnic: The company raised $5 million of venture funding in a deal led by Cercano Management on October 30, 2024. Flying Fish Partners, Creative Ventures, Thursday Ventures, and Unlock Venture Partners also participated in the round. The company is a developer of an automated pizza assembly station for commercial kitchens.

La Belle Vie: The company raised EUR 2.8 million of venture funding from undisclosed investors on October 29, 2024. The company is an operator of an online grocery store intended to facilitate delivery of supermarket goods to a consumers within a short timeframe.

Ergo Bioscience: The company raised an undisclosed amount of venture funding from Global Agri-Food Advancement Partnership on October 31, 2024. The company is an operator of a biotechnology startup that has developed an innovative process for the production of animal protein using carrot cells.


M&A Transactions

Big Beverages Contract Manufacturing / Celsius Holdings: The company was acquired by Celsius Holdings for $75 million on November 1, 2024. The company is a manufacturer and distributor of canned beverages based in Huntersville, North Carolina.

Newburgh Foods / Charoen Pokphand Foods: The company reached a definitive agreement to be acquired by Charoen Pokphand Foods for GBP 13.4 million on October 28, 2024. The company is a producer of retail, foodservice and wholesale poultry and seafood products.

200 Degrees / Caffè Nero: The company was acquired by Caffè Nero for an undisclosed amount on October 28, 2024. The company is an owner and operator of a chain of coffee shops based in Nottingham, United Kingdom.

Anglesey Ales / Conwy Brewery: The company was acquired by Conwy Brewery, a subsidiary of Highweald Beverages, for an undisclosed amount on October 31, 2024. The company is a producer of beer based in Anglesey, United Kingdom.

Bakery Barn / 1440 Foods Company: The company was acquired by 1440 Foods Company, via its financial sponsors 4×4 Capital and Bain Capital, through an LBO on November 1, 2024 for an undisclosed amount. The company is a provider of food manufacturing services focused on producing specialty protein bars and baked meal replacement products.

Bar W Foods and Eighteen Below Partners / Pure Treats: The company reached a definitive agreement to be acquired by Pure Treats for an undisclosed amount on October 29, 2024. The company is a manufacturer of processed meat and frozen food products intended for pets.

Brisan Ingredients / The Edlong: The company reached a definitive agreement to be acquired by The Edlong for an undisclosed amount on October 30, 2024. The company is a producer of dairy flavor products and product development services based in Chicago, Illinois.

Campbell’s Prime Meat / Sysco: The company was acquired by Sysco for an undisclosed amount on October 29, 2024. The company is an operator of a food retailing business intended to provide fresh meat, fish and deli products in Linlithgow, Scotland, U.K.

Dalloyau / Potel & Chabot: The company was acquired by Potel & Chabot, a subsidiary of Accor, for an undisclosed amount on October 29, 2024. The company is a producer of pastries, chocolates, ice cream, confectioneries, and baked products.

DeIorio’s Foods / Encore Consumer Capital: The company was acquired by Encore Consumer Capital through an LBO on October 29, 2024 for an undisclosed amount. The company is a producer of frozen dough and bakery products.

Del Real Foods / Corporación Multi Inversiones: The company reached a definitive agreement to be acquired by Corporación Multi Inversiones for an undisclosed amount on October 31, 2024. The company is a producer of hispanic food products.

Egg Innovations / Happy Egg: The company was acquired by Happy Egg for an undisclosed amount on October 28, 2024. The company is a producer and supplier of pasture-raised and free-range eggs.

Gipsy Hill / Sunrise Alliance Beverages Group: The company was acquired by Sunrise Alliance Beverages Group for an undisclosed amount on October 30, 2024. The company is an operator of a craft brewery.

Hilton Macarons / Two Magpies Bakery: The company was acquired by Two Magpies Bakery for an undisclosed amount on October 29, 2024. The company is a producer of macarons based in Framlingham, United Kingdom.

Icing on the Cupcake / Individual Investors: The company was acquired by Mr. Linoy Nesher and Mr. Yaniv Rosenberg for an undisclosed amount on October 28, 2024. The company is an operator of a chain of bakery stores located in California.

Le Grand Courtâge / Boisset Collection: The company was acquired by Boisset Collection for an undisclosed amount on October 29, 2024. The company is a producer of French sparkling wines.

Milton Sandford Wines / The Heritage Wine Company: The company was acquired by The Heritage Wine Company for an undisclosed amount on October 29, 2024. The company is a producer and supplier of wines intended to serve hotels, restaurants and pubs across the United Kingdom.

Panesar Foods / Paulig Group: The company was acquired by Paulig Group for an undisclosed amount on October 30, 2024. The company is a manufacturer of table sauce products.

PastureLand / Edelweiss Creamery: The company was acquired by Edelweiss Creamery on an undisclosed date. The company is a producer of dairy products.

Rude Health / Oddlygood: The company was acquired by Oddlygood, via its financial sponsors Arvo Sijoitusosuuskunta, Mandatum Asset Management and Takoa Invest, through an LBO on October 29, 2024 for an undisclosed amount. The company is a producer of nutritional food products and beverages.

Spudsy / Pipcorn: The company was acquired by Pipcorn for an undisclosed amount on October 31, 2024. The company is a producer of sweet potato puff snacks from upcycled sweet potatoes.

The Sommelier Company / Individual Investors: The company was acquired by Mr. Jason Hartman and other investors for an undisclosed amount on October 28, 2024. The company is a provider of sommelier-guided wine tasting experiences for corporate and private events around the globe.

Wrexham Lager Beer / Individual Investors: The company was acquired by Mr. Rob McElhenney and Mr. Ryan Reynolds for an undisclosed amount on October 30, 2024. The company is an operator of a lager brewery in the United Kingdom.


Source: Pitchbook Data, Inc.

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