The Whipstitch Weekly

Volume 7 Number 22

Consumer Transaction Recap May 23-29, 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 .

KEHE PURCHASES DPI SPECIALTY FOODS

KeHE Distributors bought DPI Specialty Foods from Arbor Investments.

Beverage Business INSIGHTS – Vol. 20 No. 103 5/25/2023 (Subscription Required)

FLASH COFFEE CLOSES $50MM SERIES B ROUND

Rocket Internet-backed Flash Coffee raised $50 million in a round led by White Star Capital with participation from Citadel International Holdings, Vulpes Ventures, Conny & Co, Delivery Hero, and others.

DAVE’S GOURMET ACQUIRES LE BON MAGOT

Dave’s Gourmet purchased Le Bon Magot, manufacturer of specialty condiments and chutneys.

SILVER SCREEN BOTTLING CO ACQUIRES COASTAL PURE BEVERAGES

Silver Screen Bottling Co., a licensing, bottling and distribution company for entertainment properties, purchased Coastal Pure Beverages.

WICKED KITCHEN BUYS CURRENT FOODS

Wicked Kitchen acquired plant-based raw seafood provider Current Foods.

LIPARI FOODS ACQUIRES COMERCIALIZADORA DEL MIDWEST

Specialty food distributor Lipari Foods bought Comercializadora Del Midwest, a provider of Central and South American specialty foods.

GREENYARD BUYS GIGI GELATO

Belgium-based Greenyard purchased Italian-style, plant-based gelato brand Gigi Gelato.

FUNKY BUDDHA BREWERY FOUNDERS REACQUIRE THE BRAND FROM CONSTELLATION BRANDS

The founders of Funky Buddha Brewery, Ryan and KC Sentz, purchased their business back from Constellation Brands.

CHAMBERLAIN COFFEE RAISES $7MM

Chamberlain Coffee, a brand founded by YouTube influencer Emma Chamberlain, secured $7 million in capital from United Talent Agency, Volition Capital, and Electric Feel Ventures.

G.O.A.T. FUEL CLOSES $5MM SEED ROUND

Energy drink brand G.O.A.T. Fuel secured $5 million in funding co-led by Stage 1 Fund and Morrison Seger Venture Capital Partners.

. Personal Care .

SANDBRIDGE CAPITAL INVESTS IN R.E.M. BEAUTY

LA-based beauty brand r.e.m. beauty, founded by Ariana Grande, received a strategic investment from Sandbridge Capital with participation from Strand Equity, Live Nation, and Universal Music Group.

COMBE INC ACQUIRES ASTROGLIDE PARENT BIOFILM, INC

COMBE, Inc. bought sexual wellness brand Astroglide for an undisclosed amount.

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 .

WHIPSTITCH CAPITAL MANAGING DIRECTOR MIKE BURGMAIER TO SPEAK AT BEVNET LIVE JUNE 14 IN NYC

On June 14, Whipstitch Capital’s Managing Director Mike Burgmaier will join Erin Wall from Lunr and Elliot Beguon from TIG Brands on the main stage at BevNET Live to discuss current financing trends, capital availability, and the M&A environment for beverage brands in the short- and medium-term.

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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