Fort Worth-based Terrasoul Superfoods has been acquired by Colorado’s Laird Superfood for $48 million in cash, subject to customary purchase price adjustments, with an additional earnout of up to $5 million payable in cash if certain performance-based milestones are achieved.

Terrasoul is a vertically integrated, branded foods platform with a broad portfolio of superfood products, including nuts, seeds, dried fruits, powders, baking ingredients, and functional beverage mix-ins. Laird said the company’s products “cover large and fast-growing segments of the consumer wellness market,” fueled by growing demand for clean-label, nutrient-dense foods across health-conscious consumer demographics.

Dennis Botts, co-founder and CEO of Terrasoul, said his company “was built with a commitment to delivering high-quality superfoods through a transparent and vertically integrated model.”

“Our partnership with Laird Superfood marks an exciting next chapter for the brand, and we look forward to continuing to grow and scale the Terrasoul platform,” he added in a statement.

For the fiscal year ending December 31, 2025, Terrasoul generated unaudited net sales of around $65.8 million, Laird noted.

Details on the deal

The Terrasoul acquisition was funded through a concurrent private placement of $60 million of Series A convertible preferred stock to affiliates of Nexus Capital Management that was previously committed under Laird Superfood’s investment agreement with Nexus.

The deal was approved by the company’s stockholders last month in connection with the Navitas Organics transaction for future acquisitions on substantially the same terms, Laird said. Following the incremental investment, Nexus will own around 71.7% of the issued and outstanding shares of Laird Superfood on a fully diluted, as-converted basis.

Growing demand for ‘functional nutrition’

Sourcing ingredients globally, Terrasoul processes and packages products in its manufacturing and fulfillment facility in Fort Worth. The company’s vertically integrated model supports a diversified omnichannel distribution strategy, with particularly strong positioning across e-commerce and major online marketplaces, as well as established foodservice and retail channels.

Jason Vieth, CEO of Laird Superfood, called the acquisition “a significant step forward in our mission to build the premier platform in superfoods and functional nutrition.” Vieth noted that Terrasoul’s established online marketplace presence, proprietary supply chain infrastructure, and high-quality product portfolio are “strongly aligned with our long-term strategic priorities” and will “meaningfully accelerate our ability to serve consumers across channels at scale.”

Kayla Dean Obia, principal at Nexus Capital, highlighted the strategic and operational fit with the firm’s platform and goals.

“Terrasoul is a high-quality business operating in a large and growing category, with a differentiated supply chain model and a demonstrated ability to build consumer loyalty at scale,” Dean Obia said in a statement, adding “this acquisition reinforces our conviction in the functional nutrition category and represents a compelling opportunity to drive incremental value across the combined platform.”

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