M&A Deal Summary

IONIC Acquires Precision Alchemy

On March 18, 2021, IONIC acquired consumer products company Precision Alchemy

Acquisition Highlights
  • This is IONIC’s 2nd transaction in the Consumer Products sector.
  • This is IONIC’s 3rd transaction in the United States.
  • This is IONIC’s 1st transaction in Oregon.

M&A Deal Summary
Date 2021-03-18
Target Precision Alchemy
Sector Consumer Products
Buyer(s) IONIC
Deal Type Add-on Acquisition

Target

Precision Alchemy

Portland, Oregon, United States
website
Precision Alchemy is a recreational cannabis oil manufacturer with endorsements to manufacture and distribute Medical Grade Cannabis Products, Edibles, Topicals, Concentrates, Extracts, and Industrial Hemp. Precision Alchemywas formed in 2015 and is based in Portland, Oregon.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

IONIC

Tacoma, Washington, United States

website

Category Company
Sector Consumer Products
Revenue 9M USD (2020)
DESCRIPTION

IONIC is a national cannabis holdings company focused on building a multi-state consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. IONIC is based in Tacoma, Washington.

DEAL STATS #
Overall 3 of 4
Sector (Consumer Products) 2 of 3
Type (Add-on Acquisition) 1 of 2
State (Oregon) 1 of 2
Country (United States) 3 of 4
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Cowlitz County Cannabis Cultivation

Longview, Washington, United States

Cowlitz County Cannabis Cultivation is a cannabis company built around a family that sources the highest quality cannabis in Washington State. The company utilizes butane extraction methods to provide great, affordable, and beautiful dab products. Cowlitz County Cannabis Cultivation is based in Longview, Washington.

Buy CA$23M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Oregon Processing Solutions

Estacada, Oregon, United States

Oregon Processing Solutions is 6,000 square feet commercial-sized processing facility work with farmers, wholesalers, and dispensaries on both THC and CBD. Oregon Processing Solutions is based in Estacada, Oregon.

Buy $2M
Mergr

Product

Company

Legal