M&A Deal Summary

Lifeist Wellness Acquires VaporSeller

On June 7, 2016, Lifeist Wellness acquired e-commerce company VaporSeller from Haze Industries

Acquisition Highlights
  • This is Lifeist Wellness’ 1st transaction in the E-Commerce sector.
  • This is Lifeist Wellness’ 1st transaction in the United States.
  • This is Lifeist Wellness’ 1st transaction in Georgia.

M&A Deal Summary
Date 2016-06-07
Target VaporSeller
Sector E-Commerce
Buyer(s) Lifeist Wellness
Sellers(s) Haze Industries
Deal Type Divestiture

Target

VaporSeller

Alpharetta, Georgia, United States
VaporSeller is an e-commerce platform for the retail distribution of vaporizers with a substantial presence in the United States.

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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 1 of 7
Sector (E-Commerce) 1 of 4
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 Urt1

Harrow, United Kingdom

Urt1 Ltd. is an e-commerce company focused on sales of vaporizers and accessories.

Buy -

Seller(S) 1

SELLER

Haze Industries

Alpharetta, Georgia, United States
Category Company
Founded 2011
Sector Distribution
DESCRIPTION

Haze Industries, Inc. is a distributor of aromatherapy products. Haze Industries, Inc. was established in 2011 and is headquartered in Alpharetta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Mergr

Product

Company

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