Consumer goods

Ben Franklin Technology Partners invests in ERApeutics

Ben Franklin Technology Partners has invested in ERApeutics. Financial terms weren’t announced. ERApeutics, of Lancaster, Pennsylvania, provides brain health supplements. The Ben Franklin investments will be used to develop and commercialize a walnut-based functional beverage, BrainMilk.

L Catterton backs Boll & Branch

Boll & Branch, a maker and retailer of sustainable home goods, has secured $100 million in funding. The investor was L Catterton.

TA Associates invests in Gong Cha

TA Associates has made an investment in Gong Cha Group, a provider of quality bubble and milk tea. No financial terms were disclosed. The deal is expected to close in early October.

Nexus Capital closes FTD buy

Nexus Capital Management LP said Aug. 23 that it acquired FTD, an online florist and gift company. The deal was valued at $110.9 million.

CoveMark invests in Capra Foods

CoveMark has made an investment in Texas-based Capra Foods, a provider of lamb products. No financial terms were disclosed.

St Cloud backs Rock Ridge's buyout of an Orangetheory Fitness franchisee

St. Cloud Capital has made an investment to support Rock Ridge Growth Partners' acquisition of Little Rock, Arkansas-based AR HIIT LLC, an Orangetheory Fitness franchisee. No financial terms were disclosed.

General Atlantic is buying beauty company Morphe

General Atlantic is acquiring a majority stake in beauty company Morphe Holdings. No financial terms were disclosed. Jefferies acted as financial adviser to Morphe on the transaction. Morphe is backed by Summit Partners.

Work gloves manufacturer Mechanix Wear nabs funding from Gryphon

Gryphon Investors has agreed to make an investment in Valencia, California-based Mechanix Wear, a maker of work gloves. No financial terms were disclosed. Mechanix Wear's current CEO and owner Michael Hale will retain an ownership stake in the company. The deal is expected to close in the fourth quarter.

Verod Capital backs West African clothing manufacturer DTRT

DTRT Apparel Ltd, a Ghana-based clothing manufacturer, has secured an undisclosed amount of funding. The investors were Verod Capital Management and Red Bull GmbH.

Why the loyalty business is becoming a rewarding investment target