M&A Deal Summary

JanOne Acquires ALT 5

On May 10, 2024, JanOne acquired information technology company ALT 5

Acquisition Highlights
  • This is JanOne’s 1st transaction in the Information Technology sector.
  • This is JanOne’s 1st transaction in Canada.
  • This is JanOne’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-05-10
Target ALT 5
Sector Information Technology
Buyer(s) JanOne
Deal Type Add-on Acquisition

Target

ALT 5

Newmarket, Ontario, Canada
ALT 5 is a fintech that provides next-generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT was formed in 2018 and is based in Newmarket, Ontario.

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Buyer(S) 1

Buyer

JanOne

Las Vegas, Minnesota, United States
Category Company
Founded 1976
Sector Environmental
Employees172
Revenue 34M USD (2020)
DESCRIPTION

JanOne operates as a retailer and recycler of major household appliances. JanOne was formed in 1976 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Dayton, Ohio, United States

Soin Neuroscience is a pharmaceutical company that is developing treatments for various chronic medical diseases using an oral formulation of sodium nitrite. Soin Neuroscience is based in Dayton, Ohio.

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