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New Deal


Announced

Completed

HighPost Capital led a $85m Series B round in Magic Spoon.

Financials

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Transaction Value£69m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

food company

Acquisition

Cross Border

United States

Private Equity

Food Products

Friendly

Minority

Single Bidder

Private

Synopsis

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HighPost Capital, a private investment firm, led an $85m Series B round in Magic Spoon, a food company, with participation from Siddhi Capital, Coefficient Capital, Constellation Capital and Carter Comstock. “In a short period of time, Gabi & Greg have built a tremendous brand with a fiercely loyal and engaged consumer base through their unwavering commitment to innovation and creativity. We look forward to leveraging HighPost’s deep consumer sector expertise to support Magic Spoon’s continued growth,” David Moross, HighPost Capital CEO.

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