North Shields Tyne and Wear, UK-based independent wholesale firm Kitwave Wholesale Group acquired Durham-based frozen food and ice cream seller Eden Farm for an undisclosed amount.
Hospitality/Food
US wine app Hello Vino merges with Corkbin
In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
French hotel booking app VeryLast Room bags $2.1M in funding
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
UK-based Flypay secures £1 million in new financing round
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Swander Pace Capital exits Pineridge Bakery to ARYZTA AG
Pineridge Bakery is being sold by its private equity owner Swander Pace Capital to Swiss food firm ARYZTA AG for $340 million, a statement about the deal said.
Latest News
The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
San Francisco, US-based home search startup Zumper raised $6.5 million in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB) to build its web and mobile platform for apartment rental.
London, UK-based hotel metasearch Top10.com raised $8 million in a Series B financing round led by Balderton Capital to fuel its expansion into Europe and its plans to beef up its workforce.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Sources told Bloomberg that pizza restaurant chain Sbarro is preparing for a bankruptcy filing which could take place any time in the next few weeks.
New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.
Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.
Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.
