M&A Deal Summary

Lifeist Wellness Acquires Findify

On May 2, 2018, Lifeist Wellness acquired internet software and services company Findify for 12M USD

Acquisition Highlights
  • This is Lifeist Wellness’ 1st transaction in the Internet Software and Services sector.
  • This is Lifeist Wellness’ largest (disclosed) transaction.
  • This is Lifeist Wellness’ 1st transaction in Sweden.
Investment Fate
  • Findify was divested to a consortium of strategic buyers in 2022 for 4M USD.

M&A Deal Summary

Date 2018-05-02
Target Findify
Sector Internet Software and Services
Buyer(s) Lifeist Wellness
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Findify

Stockholm, Sweden
Findify is an e-commerce machine learning applications, with over 1200 customers in more than 60 countries around the world. It develops a unique machine learning core, that leverages user behaviour, to personalize online experiences in real-time. Findify was founded in 2014 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Lifeist Wellness

Vancouver, British Columbia, Canada

Category Company
Founded 2005
Sector Consumer Products
Employees20
Revenue 22M CAD (2023)
DESCRIPTION

Lifeist Wellness is a developer, producer and distributor of vaporizers and accessory products. Lifeist Wellness was founded in 2005 and is headquartered in Vancouver, Canada.


DEAL STATS #
Overall 5 of 7
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 5
Country (Sweden) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-14 VapeBr

Brazil

VapeBr is a vaporizer retailer. VapeBr is based in Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Choklat

Calgary, Alberta, Canada

Choklat, Inc. is a craft chocolate manufacturer. Choklat imports some of the finest and rarest cocoa beans in the world, then roasts and refines them in-house to make the company's own proprietary chocolate which is used in all of their confections. Choklat, Inc. was formed in 2008 and is based in Calgary, Alberta.

Buy -