Nutter Represents The Living Apothecary in $1.4 Million FinancingPrint PDF
Nutter advised The Living Apothecary, a probiotic water kefir maker based in Oakland, California, in a $1.4 million financing round led by L.A. Libations and Venice Brands. LivWell Ventures also participated in the round. Will Bernat, co-lead of the Food and Beverage group and co-chair of the Emerging Companies Group at Nutter, and Josh French, of counsel in Nutter’s Corporate and Transactions Department, led the deal team, which also included Meghan Kelly, an associate in Nutter’s Corporate and Transactions Department; Crescent Moran Chasteen, of counsel in Nutter’s Tax Department; and Jeremy Halpern, co-lead of the Food and Beverage group and co-chair of the Emerging Companies Group.
Founded in 2012, The Living Apothecary is dedicated to bringing health and nourishment to local communities through artisan, small-batch crafted beverages. With this funding round, the company will expand in several keys areas, such as moving to a new 23,000 square foot facility, investing in marketing and merchandising, and growing its sales, finance, and production team.
Nutter’s Food and Beverage group represents clients at every stage of growth, including brands, brand executives, retailers, enabling technology companies, angel investors, venture investors, private equity investors, and strategic investors. With a deep understanding of this marketplace, Nutter’s Food and Beverage group is an interdisciplinary team of lawyers with expertise in a wide variety of areas, including corporate organization and structuring; tax planning; angel, venture, and private equity financing; asset based, venture, and traditional lending; vendor, co-packing, and manufacturing arrangements; global distribution and licensing; warehousing and fulfillment; joint ventures; advertising and product placement; and much more.
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Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s competitive business environment. For more information, please visit www.nutter.com and follow us on LinkedIn.