M&A Deal Summary

Vangst Acquires CannabizTemp

On April 12, 2024, Vangst acquired staffing company CannabizTemp from CannabizTeam

Acquisition Highlights
  • This is Vangst’s 1st transaction in the Staffing sector.
  • This is Vangst’s 1st transaction in the United States.
  • This is Vangst’s 1st transaction in California.

M&A Deal Summary
Date 2024-04-12
Target CannabizTemp
Sector Staffing
Buyer(s) Vangst
Sellers(s) CannabizTeam
Deal Type Divestiture

Target

CannabizTemp

San Diego, California, United States
CannabizTemp is a temporary staffing solution provider to clients from the cannabis industry.

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Buyer(S) 1

Buyer

Vangst

Denver, Colorado, United States

website

Category Company
Sector Staffing
DESCRIPTION

Vangst is a cannabis industry's hiring platform that helps cannabis companies find and attract the talent they need to grow their business. Vangst is headquartered in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

CannabizTeam

San Diego, California, United States

website

Category Company
Founded 2016
Sector Staffing
DESCRIPTION

CannabizTeam is an executive search firm focused exclusively on the cannabis industry. The company serves a global client base in all verticals including cultivation, extraction, manufacturing, retail operations, marketing/sales, and accounting/finance. CannabizTeam was formed in 2016 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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