M&A Deal Summary

Greenlane Holdings Acquires DaVinci Vaporizer

On October 19, 2021, Greenlane Holdings acquired consumer products company DaVinci Vaporizer

Acquisition Highlights
  • This is Greenlane Holdings’ 4th transaction in the Consumer Products sector.
  • This is Greenlane Holdings’ 3rd transaction in the United States.
  • This is Greenlane Holdings’ 1st transaction in Nevada.

M&A Deal Summary
Date 2021-10-19
Target DaVinci Vaporizer
Sector Consumer Products
Buyer(s) Greenlane Holdings
Deal Type Add-on Acquisition
Advisor(s) Hyperion Capital (Financial)
Alliance Legal Partners
Ballard Spahr (Legal)

Target

DaVinci Vaporizer

Las Vegas, Nevada, United States
DaVinci Vaporizer is a developer and manufacturer of premium portable vaporizers through its groundbreaking Clean First™ innovation, which employs medical-grade materials and total quality manufacturing processes to ensure the cleanest technology goes into the development of its products. DaVinci Vaporizer was founded in 2011 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Greenlane Holdings

Boca Raton, Florida, United States
Category Company
Founded 2005
Sector Consumer Products
Employees250
Revenue 65M USD (2023)
DESCRIPTION

Greenlane Holdings is a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products to smoke shops, dispensaries, and specialty retail stores, as well as direct to consumer through its online e-commerce platform, vapor.com. Greenlane Holdings was founded in 2005 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 4 of 4
Sector (Consumer Products) 4 of 4
Type (Add-on Acquisition) 3 of 3
State (Nevada) 1 of 1
Country (United States) 3 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 KushCo

Tustin, California, United States

KushCo provides unique products and services for both businesses and consumers in the cannabis industry. Founded in 2010 as a packaging and supplies company for dispensaries and growers, KushCo has sold more than 100 million units and now regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. The Company has facilities in the three largest U.S. cannabis markets and a local sales presence in every major U.S. cannabis market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-20 Greenlane - packaging line of products

Boca Raton, Florida, United States

Greenlane's packaging line of products extensive line of concentrate packaging solutions. Greenlane's packaging line of products is based in Boca Raton, Florida.

Sell -
Mergr

Product

Company

Legal