M&A Deal Summary

Hypha Labs Acquires VSSL Enterprises

On September 30, 2019, Hypha Labs acquired test/measurement equipment company VSSL Enterprises

Acquisition Highlights
  • This is Hypha Labs’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Hypha Labs’ 1st transaction in Canada.
  • This is Hypha Labs’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-09-30
Target VSSL Enterprises
Sector Test/Measurement Equipment
Buyer(s) Hypha Labs
Deal Type Add-on Acquisition

Target

VSSL Enterprises

Kelowna, British Columbia, Canada
VSSL Enterprises Ltd. is a British Columbia based cannabis genomics, plant sciences and consulting firm. VSSL builds predictive tools for the cannabis industry. Whether it’s for a breeder, cultivator or processor, understanding the genetic basis of key traits such as yield, expression of secondary metabolites or disease resistance can provide a competitive advantage to its clients by allowing rapid decision making and process optimization. VSSL uses molecular and bioinformatics tools to deliver unique solutions suited to its customers’ diverse germplasm and business models.

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Buyer(S) 1

Buyer

Hypha Labs

Las Vegas, Nevada, United States
Category Company
Founded 2010
Sector Test/Measurement Equipment
Employees17
Revenue 3M USD (2022)
DESCRIPTION

Hypha Labs provides pharmaceutical-grade analysis and testing to the cannabis industry to ensure consumers and patients know exactly what is in the cannabis they ingest and to help maximize the quality of its client’s products through research, development, and standardization. Hypha Labs was founded in 2010 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Mergr

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