Nexus Capital to Invest in Laird Superfood’s Acquisition of Navitas

Paul, Weiss is advising Nexus Capital Management LP in its preferred equity investment in Laird Superfood, Inc., in connection with Laird’s $38.5 million all-cash acquisition of leading premium food brand Navitas LLC. Under the terms of the agreement, Laird’s acquisition of Navitas will be funded via the private placement of $50 million of Series A convertible preferred stock to Nexus affiliates. Both transactions are expected to close in the first quarter of 2026, subject to customary closing conditions.

The Paul, Weiss team includes corporate partners Bianca Levin-Soler, Timothy Cruickshank and James Langston.