Love Child Organics

line of organic baby food

The ask$300,000for 10% of the business

Implied valuation$3Mask / equity

On-air resultDeal agreed

Founders: John, Leah Garrad-Cole

On the record

The deal, on the record

Love Child Organics asked for $300,000 in exchange for 10% of the business.

Season: 10, ep 16
On-air outcome: Struck a deal
Deal terms: $300,000 as an interest-free loan for 7.5% (asked $300K for 10%). Renegotiated in due diligence to $750,000 straight equity and closed. Founder confirms independently at https://www.biv.com/news/how-i-did-it-john-and-leah-garrad-cole-8239027: "In the end, David Chilton and Arlene Dickinson gave us $300,000 for 7.5% as an interest-free loan."
Investing Dragons: Arlene Dickinson, David Chilton
Category: Food and Drink

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.