Consumer Private Placement and M&A Transactions Review Week Ending October 1, 2023

It’s Skinny: The company is in the process of raising $7.5 million of venture funding from StartEngine on September 27, 2023. The company is a producer of low-calorie pasta and intends to provide plant-based pasta from Konjac and gluten-free noodles.

Boisson: The company raised $5 million of venture funding in the form of convertible notes from Convivialité Ventures and Connect Ventures on September 27, 2023. The company offers non-alcoholic wines, non-alcoholic spirits, and non-alcoholic beers of well-established brands.

Bonusan: The company received an undisclosed amount of development capital from bd-capital on September 28, 2023. The company offers a range of scientifically substantiated dietery supplements, made with independently tested raw materials.

LocalCoho: The company raised an undisclosed amount of venture funding from Cuna del Mar on September 27, 2023. The company is an operator of a farm-to-table fish business intended to offer sustainably caught local seafood.

Mildreds: The company received an undisclosed amount of development capital from Encore Capital on September 27, 2023. The company offers a plant-based menu that includes sandwiches, burgers, salads and homemade desserts and also provides vegan cookbooks, and is based in London, United Kingdom.

Nkoloso.ai: The company raised an undisclosed amount of venture funding from P1 Ventures on September 26, 2023. The company is a developer of an AI and Robotics platform intended to gather data and keep track of agricultural land using satellite imagery.

Vivent: The company raised an undisclosed amount of venture funding from Horticoop and Pymwymic on September 27, 2023. The company uses artificial intelligence to monitor changing abiotic (weather/environmental) and biotic (pests/disease) stressors to optimize crop yield.

Vrumona / Royal Unibrew: The company, a subsidiary of Heineken was acquired by Royal Unibrew for EUR 300 million on September 29, 2023. The company is a producer of non-alcoholic beverages, including soft drinks and juices, and is based in Bunnik, Netherlands.

Anora Group / International Beverage Holdings: The Larsen Cognac business of Anora, was acquired by International Beverage Holdings for EUR 54.1 million on September 29, 2023. The company is an producer of a range of branded Cognac alcoholic beverages based in Cognac, France.

Sahale Snacks / Second Nature Brands: The company, a subsidiary of The J.M. Smucker Co., entered into a definitive agreement to be acquired by Second Nature Brands, via its financial sponsor CapVest Partners, through a $34 million LBO on September 27, 2023. The company is a manufacturer of glazed mixes, fruit and nut trail mixes, coconut snacks, bean, and nut snacks.

Musclepharm / FitLife Brands: The company reached a definitive agreement to be acquired by FitLife Brands for $18.5 million on September 27, 2023. MusclePharm Corporation is a performance lifestyle company that manufactures, markets and distributes branded nutritional supplements like powders, capsules, tablets and gels.

Blue Apron / Wonder: The company has entered into a definitive agreement to be acquired by Wonder via its financial sponsor Endless through an LBO on September 29, 2023 for a reported $103 million. Blue Apron Holdings Inc is a United States-based meal kit company that provides direct-to-customer fresh ingredients and recipe delivery services.

Bob Tallman’s Authentic Cowboy Beef Jerky / Cattaneo Bros.: The company was acquired by Cattaneo Bros. for an undisclosed amount on September 28, 2023. The company is a producer of beef jerky based in Fort Worth, Texas.

Commercial Bakeries / Graham Partners: The company was acquired by Graham Partners through an LBO on September 27, 2023 for an undisclosed amount. The company is a manufacturer and distributor of cookies and sandwich biscuits, as well as packaging solutions.

Hamburg Distilling Company HDC / Westenhorst Gmbh & Co.: The company was acquired by Westenhorst for an undisclosed amount on September 29, 2023. The company is engaged in developing, marketing and exporting branded alcoholic beverages.

Infuséo / HL Hall: The company was acquired by HL Hall for an undisclosed amount on September 29, 2023. The company specializes in fruits, vegetables, aromatic plants, medicinal plants and edible flowers based beverages, and is based in Paris, France.

Riesa Nudeln / BiaVest: The company was acquired by BiaVest through an LBO on September 29, 2023 for an undisclosed amount. The company produces wheat noodles, egg noodles, pasta and whole wheat pasta made with local materials, and is based in Germany.

Royal ZAP / Agric: The company was acquired by Agric for an undisclosed amount on September 26, 2023. RoyalZap specializes in the production of starting material, such as seed potatoes and seed grains, and is based in Holland.