Consumer Private Placement and M&A Transactions Review Week Ending September 8, 2024

Liquid Death: The company raised $67 million of Series F venture funding from Live Nation Entertainment, Irving Investors and TO Ventures on September 7, 2024, putting the company’s pre-money valuation at $1.33 billion. Inception Sciences, DeAndre Hopkins, Josh Brolin, Neal Brennan, Derrick Green, Jim Jefferies, SuRo Capital and Creek Capital also participated in the round. The company is a producer of canned water beverages.

Maison Russet: The company received $30 million of development capital from Fondaction on September 3, 2024. The company is a provider of packaged food products and private label services.

7 Brew Coffee: The company received $12.4 million of development capital from Masked Rider Capital and other undisclosed investors on September 3, 2024. The company is an operator of drive-through coffee shops based in Fayetteville, Arkansas.

Lumo: The company raised $11.2 million of venture funding in a deal led by Fall Line Capital and Active Impact Investments on September 6, 2024. The company is a developer an irrigation system intended to improve crop quality while reducing costs and water wastage.

Slate Milk: The company raised $9.6 million of venture funding from undisclosed investors on September 5, 2024. The company is an operator of an e-commerce beverages platform intended to provide high-protein, low sugar chocolate milks and lattes.

Näak: The company raised $5 million of Series A venture funding in a deal led by Investissement Québec on September 3, 2024. High Flyers Capital and other undisclosed investors also participated in the round. The company is a producer of gluten-free energy and protein bars.

Gainful: The company raised an undisclosed amount of Series B venture funding in a deal led by District Ventures Capital on September 3, 2024. BrandProject, Round13 Capital, and other undisclosed investors also participated in the round. The company is a producer of protein bars and powder supplements.

Nosh.bio: The company raised an undisclosed amount of venture funding from Grey Silo Ventures, Zur Muehlen and ApolloCapital on September 2, 2024. CHECK24 Impact, Good Seed Ventures, Earlybird Venture Capital and Clear Current Capital also participated in the round. The company produces nutritional and functional proteins from non-GMO fungi.

Eastern Mountain Sports / Mountain Warehouse: The company was acquired by Mountain Warehouse, via its financial sponsor Inflexion Private Equity Partners, through a $10 million LBO on September 2, 2024. The company is a retailer of outdoor apparel and gear.

Atwater Brewery / Tilray Brands: The company, a subsidiary of Molson Coors Beverage Company, was acquired by Tilray Brands, a subsidiary of Aphria, for an undisclosed amount on September 3, 2024. The company is an operator of a brewery producing craft beers.

Bösinger Fleischwaren / Adler Schwarzwald: The company was acquired by Adler Schwarzwald for an undisclosed amount on September 2, 2024. The company is a producer of traditional cured meat products.

Connacht Whiskey Company / Terroirs Distillers: The company was acquired by Terroirs Distillers, a subsidiary of Picard Vins & Spiritueux, for an undisclosed amount on September 3, 2024. The company is an operator of an Irish whiskey distillery.

Fountain9 / Rappi: The company was acquired by Rappi for an undisclosed amount on September 4, 2024. The company is a developer of an inventory planning software designed to help food brands and retailers reduce food wastage.

Harvest Valley Bakery / Cooper Street: The company was acquired by Cooper Street for an undisclosed amount on September 4, 2024. The company is an operator of a bakery.

Loulou Group / Groupe Lucien Barriere: The company was acquired by Groupe Lucien Barriere for an undisclosed amount on September 5, 2024. The company is an operator of a restaurant chain based in Paris, France.

Miracapo Pizza Company / Brynwood Partners: The company was acquired by Brynwood Partners through an LBO on September 3, 2024 for an undisclosed amount. The company is a producer of frozen pizzas intended for retail, food service and consumer-branded companies.

Modern Market / Thrive Restaurant Group: The company was acquired by Thrive Restaurant Group for an undisclosed amount on September 4, 2024. The company is an operator of a chain of farm-to-table fast-casual restaurants based in Denver, Colorado.

Motif FoodWorks / Impossible Foods: Impossible Foods reached a definitive agreement to acquire Motif FoodWorks for an undisclosed amount on September 5, 2024. The company is a producer of animal-free protein meat products based in Boston, Massachusetts.

Natalie’s Orchid Island Juice Company / Perricone Farms: The company was acquired by Perricone Farms, via its financial sponsor Trivest Partners, through an LBO on September 4, 2024 for an undisclosed amount. The company is a producer of juices headquartered in Fort Pierce, Florida.

Playa Bowls / Sycamore Partners Management: The company was acquired by Sycamore Partners Management through an LBO on September 3, 2024 for an undisclosed amount. The company is an operator of a chain of restaurants intended to serve superfruit bowls.

Revolver Brewing / Tilray Brands: The company was acquired by Tilray Brands, a subsidiary of Aphria, for an undisclosed amount on September 3, 2024. The company is an operator of a brewery.

Routin / Argos Wityu: The company was acquired by Argos Wityu, Crédit Mutuel Equity and UI Investissement through an LBO on September 3, 2024 for an undisclosed amount. The company is a producer of syrups and beverages intended to serve the food industry.

ShellsbyDesign / French Gourmet: The company was acquired by French Gourmet, via its financial sponsor Midwest Growth Partners, through an LBO on September 5, 2024 for an undisclosed amount. The company is a producer of tart shell designs and desserts based in Marine on Saint Croix, Minnesota.

Takul / Isla Délice: The company, a subsidiary of Stonehouse Foods, was acquired by Isla Délice, via its financial sponsor Perwyn Advisors, through an LBO on September 4, 2024 for an undisclosed amount. The company is a producer of chilled,halal-certified convenience foods.

That’s How We Roll / Our Home: The company, a subsidiary of The Hain Celestial Group, was acquired by Our Home for an undisclosed amount on September 3, 2024. The company is a producer of shelf-stable snacks based in Montclair, New Jersey.