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New Deal


Announced

Completed

HumanCo and Manna Tree led a $100m funding round in True Food Kitchen.

Financials

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Transaction Value£87m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

United States

Completed

Private

Private Equity

Restaurants and Bars

Friendly

Domestic

restaurant chain

Venture Capital

Acquisition

Synopsis

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HumanCo, a disruptive holding company, and Manna Tree, an investment firm, led a $100m funding round in True Food Kitchen, an operator of a restaurant chain, with participation from Centerbridge Partners. "This investment enables us to truly broaden our mission to help well-being through more accessible, real food. This capital will unlock a tremendous amount of potential for our future, allowing us to expand our footprint, launch smaller formats, and ultimately allow more people across the country to experience great tasting food that is truly good for you," Christine Barone, True Food Kitchen CEO.

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