M&A Deal Summary

Society Brands Acquires Cleanomic

On February 20, 2024, Society Brands acquired electronics company Cleanomic

Acquisition Highlights
  • This is Society Brands’ 1st transaction in the Electronics sector.
  • This is Society Brands’ 8th transaction in the United States.
  • This is Society Brands’ 1st transaction in Michigan.

M&A Deal Summary
Date 2024-02-20
Target Cleanomic
Sector Electronics
Buyer(s) Society Brands
Deal Type Add-on Acquisition

Target

Cleanomic

Adrian, Michigan, United States
website
Cleanomic offers a variety of sustainable products for laundry, cleaning, kitchen, and bathroom use. Cleanomic is based in Adrian, Michigan.

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Buyer(S) 1

Buyer

Society Brands

Canton, Ohio, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Society Brands is a tech-enabled consumer products providing entrepreneurs meaningful liquidity while at the same time affording them an opportunity to stay on board, build their brand and roll equity into Society Brands' platform. Society Brands is based in Canton, Ohio.

DEAL STATS #
Overall 9 of 9
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 9 of 9
State (Michigan) 1 of 1
Country (United States) 8 of 8
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 Clarifion

Austin, Texas, United States

Clarifion is a direct-to-consumer company that offers a line of air ionizers and purifiers to help consumers breathe easier. Clarifion is based in Austin, Texas.

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