Add-on Acquisition • Software

22nd Century Group Acquires TreasurySoft

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date August 13, 2024
Target TreasurySoft
Sector Software
Buyer(s) 22nd Century Group
Deal Type Add-on Acquisition

Target Company

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 Overview 1

Buyer

22nd Century Group

Mocksville, North Carolina, United States

Category Company
Founded 1998
Sector Life Science
Employees56
Revenue 12M USD (2024)
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 was founded in 1998 and is based in Mocksville, North Carolina.


Deal Context for Buyer #
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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