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New Deal


Announced

Completed

L Catterton led a £40m funding round in Butternut Box.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Food Products

Single Bidder

Private Equity

Venture Capital

Private

Completed

dog food

Minority

United Kingdom

Acquisition

Friendly

Synopsis

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L Catterton led a £40m funding round in Butternut Box, a UK and European direct-to-consumer fresh dog food brand, with participation from White Star Capital, Five Seasons Ventures, and Passion Capital. The company will use the funds to bolster its operational enhancements as well as its growth and diversification in existing and new channels, products, and markets.

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