Laird Superfood buys better-for-you food maker Terrasoul for $48M

The acquisition, funded with the help of a private equity firm, is "a significant step forward” in building a superfoods and functional nutrition giant, Laird’s CEO said.

What happened

Laird Superfood is spending $48 million to buy Terrasoul Superfoods, a maker of nuts, powders, baking ingredients and functional beverage mix-ins.

The acquisition is being funded with financial backing from private equity firm Nexus Capital Management, which will boost its stake in Laird to 71.7% from 53.5% as part of the deal.

Why it matters

This marks the second major transaction for Laird in the past few months. In late December, Laird announced the purchase of Navitas, a manufacturer of berries, seeds and nutritional powders — a deal that Nexus also helped fund.

Founded in 2015 by a big wave surfer, Laird has remained ideally positioned to thrive in the health and wellness space as people gravitate toward better-for-you offerings. As health becomes an even bigger part of consumer food trends, Laird, with a $33 million market cap and $50 million in sales during its 2025 fiscal year, has decided its future is brighter by bulking up through acquisitions.

Laird’s portfolio includes creamers, coffees and hot chocolates with functional mushrooms, plus organic coconut sugar and coconut water with calcified red marine sea algae. The addition of Navitas, and now Terrasoul, further expands Laird’s healthier offerings, giving it a deeper portfolio and scale to reach more consumers and retailers. Terrasoul generated $65.8 million in sales last year alone.

This news brief is based on reporting published by Food Dive on 2026-04-24. The original report is linked below.