M&A Deal Summary

Blue Ocean Brands Acquires Majik

On June 18, 2024, Blue Ocean Brands acquired business services company Majik

Acquisition Highlights
  • This is Blue Ocean Brands’ 1st transaction in the Business Services sector.
  • This is Blue Ocean Brands’ 1st transaction in the United States.
  • This is Blue Ocean Brands’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-06-18
Target Majik
Sector Business Services
Buyer(s) Blue Ocean Brands
Deal Type Add-on Acquisition

Target

Majik

Mountville, Pennsylvania, United States
Majik is an independent rent-to-own retail chain with thirteen stores across Central Pennsylvania. Majik is based in Mountville, Pennsylvania.

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Buyer(S) 1

Buyer

Blue Ocean Brands

Mountville, Pennsylvania, United States

Category Company
Sector Business Services
DESCRIPTION

Blue Ocean Brands is an independent rent-to-own retail chain with nineteen locations across Ohio, and Kentucky. Blue Ocean Brands is based in Mountville, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1