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Online wholesaler Boxed acquired after filing for bankruptcy

TechCrunch: M&A

At the time, Boxed had more than 7 million registered users and reported it was close to profitability. Other food delivery services have shut down or announced layoffs, including in particular fast-delivery services like Food Rocket’s 2023 closure and Gopuff’s multiple rounds of cost-cutting, among others.

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Food & Beverage 3Q 2023 Report

Focus Investment Banking

Despite these challenges, strategic and financial buyers still possessed substantial capital to invest, leading to a consistent demand for high-quality companies on the market. Conversely, companies with lower profit margins and slower growth rates witnessed a drop in interest from potential buyers. Read the full report.

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8 We Learned About Saving Businesses from Distress by interviewing Labruta Capital who Has a Unique Way To Avoid Bankruptcy

How2Exit

8 We learned by interviewing Labruta Capital who Has a Unique Way To Avoid Bankruptcy E2 - Watch here The How to Exit podcast recently interviewed two industry leaders, Brooker Kraft and Ali Taraftar, who have created a company that is addressing a unique market opportunity.

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Food Distribution is Ripe for M&A

Focus Investment Banking

In this article, which joins our ongoing coverage of the Food & Beverage industry, we introduce an overview of M&A activity in food distribution with a focus on fresh food. The pandemic accelerated innovation at all levels as it spotlighted weaknesses and systemic inefficiencies, particularly in food distribution.

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Pringles-maker Kellanova beats quarterly sales, profit estimates on steady demand

Global Banking & Finance

(Reuters) – Packaged food company Kellanova topped Wall Street estimates for third-quarter sales on Thursday, driven by resilient demand for its ready-to-eat breakfast items and snacks despite rising prices.

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20 angel investor networks you should know about

Growth Business

Regions covered: Scotland (and those businesses willing to relocate to Scotland) Investment size: Between £100,000 – £500,000 Sectors covered: Business product, consumer product, fintech, food & drink, gaming, energy, life science, and SAAS. It is highly selective about businesses it backs, having raised £3m since 2016.

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12 Concepts We Can Learn About Pulling Cash From Real Estate Assets From How2Exit's Interview W/ Chelsea Mandel

How2Exit

Firstly, they provide immediate access to capital. By converting real estate assets into liquid capital, businesses can redirect their financial resources toward core operations, research and development, or other strategic initiatives. rn Sale-leasebacks offer several advantages for businesses engaged in mergers and acquisitions.

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