M&A Deal Summary

NewBridge Global Ventures Acquires 11thSt.

On July 19, 2018, NewBridge Global Ventures acquired real estate company 11thSt.

Acquisition Highlights
  • This is NewBridge Global Ventures’ 2nd transaction in the Real Estate sector.
  • This is NewBridge Global Ventures’ 6th transaction in the United States.
  • This is NewBridge Global Ventures’ 6th transaction in California.

M&A Deal Summary
Date 2018-07-19
Target 11thSt.
Sector Real Estate
Buyer(s) NewBridge Global Ventures
Deal Type Add-on Acquisition

Target

11thSt.

Oakland, California, United States
11thSt., LLC a real estate holding company which owns 14,000 square feet of commercial warehouse space in the “Green Zone” of Oakland, CA.When buildout is completed, it will be the home to GLML and 5Leaf. The building is owned free and clear and has cannabis production licenses tied to the facilities location.

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Buyer(S) 1

Buyer

NewBridge Global Ventures

Orem, Utah, United States
Category Company
Sector Business Services
DESCRIPTION

NewBridge Global Ventures, Inc. is a provider of business consulting services to companies operating within the legal medical cannabis and hemp related industries. Current clients include an online education company providing education to healthcare professionals on medical cannabis and the endocannabinoid system, an international medical cannabis cultivator and a distribution company focused on delivering best in class hemp oil and medical marijuana products.

DEAL STATS #
Overall 6 of 6
Sector (Real Estate) 2 of 2
Type (Add-on Acquisition) 6 of 6
State (California) 6 of 6
Country (United States) 6 of 6
Year (2018) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-19 Timothy

Santa Rosa, California, United States

Timothy LLC is a real estate holding company which owns a 45,000 squarefoot Complex located in Santa Rosa, California.

Buy -
Mergr

Product

Company

Legal