M&A Deal Summary

Global Go Acquires Adherence Compliance

On April 20, 2023, Global Go acquired internet software and services company Adherence Compliance

Acquisition Highlights
  • This is Global Go’s 1st transaction in the Internet Software and Services sector.
  • This is Global Go’s 1st transaction in the United States.
  • This is Global Go’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-04-20
Target Adherence Compliance
Sector Internet Software and Services
Buyer(s) Global Go
Deal Type Add-on Acquisition

Target

Adherence Compliance

Denver, Colorado, United States
Adherence is a cannabis risk management and compliance Software-as-a-Service (SaaS) platform serving governments, financial institutions, and enterprise cannabis clients. Adherence is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Global Go

Menlo Park, California, United States

Category Company
Founded 2016
Sector Business Services
DESCRIPTION

Global Go provides sophisticated consulting services to the global cannabis and hemp industry. In tandem with strategic allies around the world, the company serves clients throughout the world from offices in Austin, Bogota, Chicago, Cyprus, Denver, Johannesburg, London, Los Angeles, Mexico City, New York, Palm Springs, Philadelphia, Phoenix, Quito, São Paulo, Silicon Valley, South Florida, Toronto, and Zurich. Powered by a team of cannabis industry pioneers and world-class consultants, it helps cannabis funds and companies assess and enter new markets; acquire assets; raise capital; launch new product lines; improve SOPs; comply with regulations; implement technology and security systems; find talent; diagnose and execute solutions to growth obstacles; and apply for cannabis licenses (with a 99% success rate on over 200 cannabis license applications across the United States). Global Go was formed in 2016 and is based in Menlo Park, California.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1