M&A Deal Summary

Apeel Acquires ImpactVision

On May 11, 2021, Apeel acquired information technology company ImpactVision

Acquisition Highlights
  • This is Apeel’s 1st transaction in the Information Technology sector.
  • This is Apeel’s 1st transaction in the United States.
  • This is Apeel’s 1st transaction in California.

M&A Deal Summary

Date 2021-05-11
Target ImpactVision
Sector Information Technology
Buyer(s) Apeel
Deal Type Add-on Acquisition

Target

ImpactVision

San Francisco, California, United States
ImpactVision is a provider of technology that can predict the internal quality of food products from hyperspectral images. ImpactVision is based in San Francisco, California.

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Buyer(S) 1

Buyer

Apeel

Goleta, California, United States

Category Company
Founded 2012
Sector Agriculture
DESCRIPTION

Apeel is an operator of the global food system by using the power of nature to enable longer-lasting produce that fights food waste from farm to kitchen. Apeel produce lasts 2x longer thanks to its plant-based protection made from materials found in the skins, peels, and seeds of all fruits and vegetables. Apeel's protective extra "peel" slows the water loss and oxidation that cause produce to go bad and is the only proven end-to-end solution for maintaining freshness. Available for organic and conventionally grown produce, Apeel is expanding into an ever-growing number of categories and markets. Apeel was founded in 2012 and is based in Goleta, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1