M&A Deal Summary |
|
|---|---|
| Date | 2021-05-25 |
| Target | Sagely Naturals |
| Sector | Consumer Products |
| Buyer(s) | HempFusion |
| Deal Type | Add-on Acquisition |
| Deal Value | 30M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Consumer Products |
| Employees | 47 |
| Revenue | 4M USD (2020) |
HempFusion is a health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retail locations across all 50 states of the United States and select international locations. HempFusion was founded in 2015 and is based in Denver, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Consumer Products M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-17 |
Apothecanna
Denver, Colorado, United States Apothecanna pioneered cannabis-powered body care and topicals, and was the first topicals brand to expand nationally and obtain a Federal Trademark. Apothecanna is an established brand in the premium CBD topicals space with significant distribution in the North American market, most notably through CVS and 7th Sense. The company also has access to the Canadian marketplace through a strategic business relationship, giving it a significant market share in the Canadian topicals space. Apothecanna was formed in 2009 and is based in Denver, Colorado. |
Buy | $15M |
