Demand for easier and healthier food options drives deals among meal-kits

Too many founders build their buyer lists around familiar names. Expanding the search beyond industry peers can lead to stronger valuations, better terms, and more competitive sale processes.

David Dragich and Rafi Haramati have been named partners, Mike Drittel has been promoted to managing director, Will Edmonds to principal and Sam Abbatacola to vice president.

L Catterton, which acquired Thorne for approximately $680 million in a take-private transaction in 2023, is seeking a valuation of as much as $4 billion.