Add-on Acquisition • Information Technology

Beleave Acquires Seven Oaks

On July 19, 2018, Beleave acquired information technology company Seven Oaks for 3M USD

Acquisition Context

This is Beleave’s 1st transaction in the Information Technology sector.
This is Beleave’s largest (disclosed) transaction.
This is Beleave’s 1st transaction in Canada.
This is Beleave’s 1st transaction in Ontario.

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M&A Deal Summary
Date	July 19, 2018
Target	Seven Oaks
Sector	Information Technology
Buyer(s)	Beleave
Deal Type	Add-on Acquisition
Deal Value	3M USD

Target Company

Seven Oaks

Ontario, Canada

Seven Oaks, Inc. is a provider of IT services to wholesale and distributors. Seven Oaks is based in Canada.

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Buyer Overview 1

Buyer

Beleave

Flamborough, Ontario, Canada

Category	Company
Founded	2010
Sector	Life Science

DESCRIPTION

Beleave is a biotech company developes a network of medical cannabis clinics under the Medi-Green banner and has applied for various patents to broaden its strong research focused foundation. Beleave was founded in 2010 and is based in Flamborough, Ontario.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2018	1 of 1
Size (of disclosed)	1 of 1

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