M&A Deal Summary

Elev8 Hemp Acquires L & P Cold Brew

On June 26, 2018, Elev8 Hemp acquired beverage company L & P Cold Brew from Blessed Bean Coffee

Acquisition Highlights
  • This is Elev8 Hemp’s 1st transaction in the Beverages sector.
  • This is Elev8 Hemp’s 2nd transaction in the United States.
  • This is Elev8 Hemp’s 2nd transaction in Florida.

M&A Deal Summary
Date 2018-06-26
Target L & P Cold Brew
Sector Beverages
Buyer(s) Elev8 Hemp
Sellers(s) Blessed Bean Coffee
Deal Type Divestiture

Target

L & P Cold Brew

Florida, United States
L & P Cold Brew LLC is a provider of cold brew products. L & P Cold Brew is based in Florida.

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Buyer(S) 1

Buyer

Elev8 Hemp

Dover, Delaware, United States
Category Company
Founded 2016
Sector Food
DESCRIPTION

Elev8 Hemp LLC is a provider of high quality, organic hemp products. Elev8 Hemp Seed Coffee will be the result of the blending of roasted, organic hemp seeds with roasted, organic, Fair-trade Mexican coffee beans that produces a premium, delicious, full-flavored hemp seed coffee that does not leave a bitter after-taste.

DEAL STATS #
Overall 2 of 2
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 2 of 2
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-09 02 Breathe

Winter Garden, Florida, United States

02 Breathe LLC is a provider of trade shows and private events for major clients such as Kaspersky, Gaylord Palms, House of Blues, Hard Rock, Garret Leather, Papa John's, Merritage Homes, Salix Pharmaceuticals, Symantec, and more.

Buy -

Seller(S) 1

SELLER

Blessed Bean Coffee

Longwood, Florida, United States
Category Company
Sector Marketing
DESCRIPTION

Blessed Bean Coffee LLC is a provider of custom roasting/consultation to coffee/blend for their needs, roasted to the proper degree. Blessed Bean Coffee is based in Longwood, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

Product

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