The Whipstitch Weekly

Volume 7 Number 28

Consumer Transaction Recap July 4-10, 2023

We track and report on consumer markets activity over the past week so you don't need to.

Food & Beverage

Personal Care

Health & Wellness

Pet

Other Consumer

. Food & Beverage .

MARS ACQUIRES KEVIN’S NATURAL FOODS

Mars purchased meal company Kevin’s Natural Foods. Terms of the deal were not disclosed.

ROYAL UNIBREW BUYS VRUMONA FOR $327MM

Danish brewer and beverage group Royal Unibrew acquired soft drinks maker Vrumona from Heineken for $327 million.

STOCK SPIRITS ACQUIRES BORCO

Stock Spirits Group purchased German spirits and tequila producer Borco.

WELLFUL PURCHASES JENNY CRAIG

Health and wellness company Wellful, Inc. bought the Jenny Criag weight loss brand.

LYRE’S CLOSES £17MM+ INVESTMENT

Non-alcoholic spirits brand Lyre’s secured over £17 million led by Dsquared and Morgan Creek Consumer Fund.

PORTA RAISES NEARLY CAD 11MM

Italian food company Porta secured CAD 10.5 million in a Series A led by Terroni.

THE HEALING CO SECURES $7MM

Wellness brand The Healing Co received investments of up to $7 million from multiple family offices.

Beverage Business INSIGHTS – Vol. 20 No. 131 6/6/23 (SUBSCRIPTION REQUIRED)

LUCAS BOLS PURCHASES NUVO FOR ALMOST $6MM

Beverage group Lucas Bols acquired sparkling liqueur brand Nuvo for $5.7 million.

. Personal Care .

LOVING TAN RECEIVES INVESTMENT FROM GAUGE CAPITAL

Australian sunless tan brand Loving Tan secured an investment from Gauge Capital.

CALIFORNIA NATURALS RAISES $4MM

Haircare brand California Naturals secured $4 million of capital from L Catteron, Sandbridge, Midnight Venture Partners, and Elizabeth Street Ventures.

ALLYOOS SECURES $300K IN FUNDING

Clean haircare brand Allyoos received $300k from angel investors.

. Pet .

PETCIRCLE RECEIVES $50MM INVESTMENT FROM PRYSM CAPITAL

Australian online pet retailer PetCircle secured $50 million from existing investor Prysm Capital.

BUG BITE THING ACQUIRES TICKEASE

Mosquito bite care brand Bug Bite Thing purchased pet tick removal brand TickEase.

. Other Consumer .

COLVIN SECURES €6MM INVESTMENT FROM EURAZEO BRANDS

Eurazeo invested €6 million in Colvin, a DTC marketplace for flowers and plants.

Disclaimer: Whipstitch Capital does not warrant the accuracy, reliability, or timeliness of any transaction

news item. Before relying on any news item, the information should be independently verified.

. More from Whipstitch Capital .

IN THE NEWS: WHIPSTITCH SPEAKS AT BEVNET AND MENTIONED IN ‘BEVNET LIVE DAY 1 REWIND: MILO’S MAKES BIG MOVES; THE FUTURE OF FINANCING IS BIZ FUNDAMENTALS’

In June, Whipstitch Capital Managing Director Mike Burgmaier participated on a panel on the main stage at BevNET Live in New York City to discuss the current capital markets and how beverage companies should be thinking about their business relative to current conditions. The article below summarizes some of the panel’s discussion.

About Whipstitch Capital

Whipstitch Capital is the largest independent private investment bank in the U.S. solely focused on better-for-you and emerging consumer brands sectors, specializing in sell-side, buy-side M&A and private placements. Whipstitch understands that every situation, every company and product is unique. We listen. We focus. We provide honesty and transparency. We make deals happen. We create the 'whipstitch' of the deal. Get ready to Deal Different^TM .

For more information click here.

Michael Burgmaier

Managing Director

Email Mike

Nick McCoy

Managing Director

Email Nick

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