M&A Deal Summary

Energroup Acquires Cocannco

On January 3, 2025, Energroup acquired business services company Cocannco

Acquisition Highlights
  • This is Energroup’s 1st transaction in the Business Services sector.
  • This is Energroup’s 1st transaction in the United States.
  • This is Energroup’s 1st transaction in California.

M&A Deal Summary

Date 2025-01-03
Target Cocannco
Sector Business Services
Buyer(s) Energroup
Deal Type Add-on Acquisition

Target

Cocannco

Sacramento, California, United States
Cocannco is a dynamic portfolio investment company in the hemp and cannabis market. It acquires and funds proven cannabis companies that are ready to scale. Cocannco is based in Sacramento, California.

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Buyer(S) 1

Buyer

Energroup

Sacramento, California, United States

Category Company
Sector Business Services
Employees793
DESCRIPTION

Energroup is a diversified holding company focused on acquiring and managing assets in emerging industries. The company is dedicated to expanding its portfolio and strengthening its position in the rapidly growing cannabis sector. Energroup is based in Dalian City, China.


DEAL STATS #
Overall 1 of 1
Sector: Business Services 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: 2025 M&A 1 of 1