Add-on Acquisition • Life Science

American Housing Income Trust Acquires IX Biotechnology

On March 14, 2017, American Housing Income Trust acquired life science company IX Biotechnology

Acquisition Context

This is American Housing Income Trust’s 1st transaction in the Life Science sector.
This is American Housing Income Trust’s 1st transaction in the United States.
This is American Housing Income Trust’s 1st transaction in Arizona.

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M&A Deal Summary
Date	March 14, 2017
Target	IX Biotechnology
Sector	Life Science
Buyer(s)	American Housing Income Trust
Deal Type	Add-on Acquisition

Target Company

IX Biotechnology

Phoenix, Arizona, United States

IX Biotechnology, Inc. is a company focused on the production of certified organic cannabidol oil (CBD). CBD is the part of the cannabis plant that typically is used for health reasons instead of for recreational purposes. CBD products are either derived from industrial hemp plants or marijuana plants.

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Buyer Overview 1

Buyer

American Housing Income Trust

Phoenix, Arizona, United States

Category	Company
Sector	Real Estate
Revenue	482M USD (2015)

DESCRIPTION

American Housing Income Trust, Inc. is a fully integrated and internally managed real estate investment company focused on the acquisition and management of single-family properties in select communities nationwide.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Life Science	1 of 1
Type: Add-on Acquisition	1 of 1
State: Arizona	1 of 1
Country: United States	1 of 1
Year: 2017	1 of 1

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