M&A Deal Summary

22nd Century Group Acquires TreasurySoft

On August 13, 2024, 22nd Century Group acquired software company TreasurySoft

Acquisition Highlights
  • This is 22nd Century Group’s 1st transaction in the Software sector.
  • This is 22nd Century Group’s 2nd transaction in the United States.
  • This is 22nd Century Group’s 1st transaction in Virginia.

M&A Deal Summary
Date 2024-08-13
Target TreasurySoft
Sector Software
Buyer(s) 22nd Century Group
Deal Type Add-on Acquisition

Target

TreasurySoft

Oak Hill, Virginia, United States
TreasurySoft offers real-time insights across critical financial functions including cash, investment, deal, and risk management. TreasurySoft is based in Oak Hill, Virginia.

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Buyer(S) 1

Buyer

22nd Century Group

Mocksville, North Carolina, United States
Category Company
Founded 1998
Sector Life Science
Employees64
Revenue 32M USD (2023)
DESCRIPTION

22nd Century Group is a plant biotechnology company focused on technologies that alter the level of nicotine in tobacco plants and the level of cannabinoids in hemp/cannabis plants through genetic engineering, gene-editing, and modern plant breeding. 22nd Century Group is based in Buffalo, New York.

DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-24 RX Pharmatech

Bradford, United Kingdom

RX Pharmatech is a distributor of cannabinoids with 1,276 novel food applications with the U.K. Food Standards Agency (FSA). RX Pharmatech is based in Bradford, United Kingdom.

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