Laird Superfood buys US peer Terrasoul

Laird Superfood has utilized much backing from its private-equity backer to bargain chap US concern Terrasoul Superfoods.

The woody sees Nexus Capital Management, which already owned conscionable implicit 53% of Laird Superfood, instrumentality its involvement successful the institution to astir 72%.

Texas-based Terrasoul Foods markets products including nuts, seeds, baking ingredients and beverage mix-ins.

Laird Superfood CEO Jason Vieth described the transaction arsenic “a important measurement guardant successful our ngo to physique the premier level successful superfoods and functional nutrition”.

Just earlier Christmas, Laird Superfood struck a woody to bargain California-based Navitas, which sells a scope of integrated products including acai powder, hemp seeds and powdered lattes.

The acquisition of Navitas, which was finalised past month, was funded by Nexus Capital Management buying $50m of Series A banal successful Laird Superfood.

The determination for Terrasoul, announced yesterday (21 April), was funded by affiliates of Nexus Capital Management acquiring different $60m worthy of shares.

Nexus Capital Management volition ain astir 71.7% of Laird Superfood.

Kayla Dean Obia, main astatine Nexus Capital Management, said: “Terrasoul is simply a high-quality concern operating successful a ample and increasing category, with a differentiated proviso concatenation exemplary and a demonstrated quality to physique user loyalty astatine scale.

“This acquisition reinforces our condemnation successful the functional nutrition class and represents a compelling accidental to thrust incremental worth crossed the combined platform.”

In 2025, Terrasoul generated nett income of astir $65.8m, Laird Superfood said.

Last year, Laird Superfood brought successful nett income of $49.9m, up 15% connected a twelvemonth earlier.

The institution booked an operating nonaccomplishment of $3.4m, compared to 1 of $2.2m successful 2024.

Laird Superfood’s nett nonaccomplishment was besides higher twelvemonth connected year, increasing from $1.8m to $3.3m. The concern carried costs linked to the Navitas woody and an impairment complaint connected Laird Superfood’s Picky Bars brand.

"Laird Superfood buys US adjacent Terrasoul" was primitively created and published by Just Food, a GlobalData owned brand.

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