Parsley Box Group has completed a new share placing

Parsley Box Group plc has completed a fundraising to target new customer acquisitions, develop a tailored online customer journey and community-focused membership program, new product development for food, as well as strengthening the balance sheet and general working capital to support a 4-year-old scale up business.

Based in the UK, Parsley Box is a direct-to-consumer provider of ready meals focused on the baby boomer+ demographic.

Oaklins Cavendish’s sister firm finnCap, based in the UK, advised Parsley Box Group on a fundraising of up to US$9.2 million, comprising equity fundraising of US$7.8 million and an open offer to raise up to US$1.4 million.