Strategy | Financing Highlight 
Private Placement / Financing Transactions

Origin Coffee: The company raised GBP 3.1 million of venture funding in a deal led by Yeo Valley Associates and Create Impact Ventures on October 17, 2023. The Company, headquartered in Porthleven, United Kingdom, offers a coffee subscription service and products such as brewing equipment, espresso machines, barista accessories, grinders and coffee bundles.

Beta Bugs: The company raised GBP 1.7 million of venture funding in a deal led by TRICAPITAL Angel Investors on October 17, 2023. Scottish Enterprise, Beeches Group, Climate VC, Innovate UK and SIS Ventures also participated in the round. The company is a biotechnology company that produces enhanced insect strains for the growing insect farming industry.

Amatera: The company raised EUR 1.5 million of pre-seed funding in a deal led by Paulig Group on October 20, 2023. Joyance Partners, Exceptional Ventures, Mudcake, AgFunder and Nicolas Morin also participated in the round. The company uses non-GMO biotechnology to create sustainable varieties of coffee, bananas and grapes.

ATTA: The company raised an undisclosed amount of venture funding from Institut Allergosan, Situlus Holding and Designed Impact Ventures on October 18, 2023. The company is a developer of cultivation systems designed to help with commercial mushroom growing.


M&A Transactions

Newly Weds Foods / Redwood Holdings: The company entered into a definitive agreement to be acquired by Redwood Holdings through an estimated $4 billion LBO on October 18, 2023. The company offers ingredients for raw meat and poultry, food coatings, seasoning systems and functional ingredients.

Vine Cliff Winery / SCW Fund: The company was acquired by SCW Fund for $57 million on October 17, 2023. The company, headquartered in California United States, offers handcrafted wines, wine tasting and estate picnics.

Jelly Belly Candy / Ferrara Candy Company: The company reached a definitive agreement to be acquired by Ferrara Candy Company, a subsidiary of Ferrero International, for an undisclosed amount on October 18, 2023. The company offers sugar candies and confectionary products.

Palace Culture / The ComplEat Food Group: The company was acquired by The ComplEat Food Group, a subsidiary of Addo Food Group, for an undisclosed amount on October 17, 2023. The company, based in London, United Kingdom, is a manufacturer of plant-based cream cheese.

Strauss Brands / Catelli Brothers: The Veal and Lamb Business of Strauss Meats reached a definitive agreement to be acquired by Catelli Brothers for an undisclosed amount on October 18, 2023. The company, based in Collingswood, New Jersey, is a producer of veal and lamb meat.

Toad Hollow Vineyards / WarRoom Cellars: The company was acquired by WarRoom Cellars for an undisclosed amount on October 19, 2023. The company, based in Healdsburg, California, is a producer of a variety of wines.


Source: Pitchbook Data, Inc.

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