M&A Deal Summary

PeakBirch Commerce Acquires Stul

On July 29, 2021, PeakBirch Commerce acquired retailer Stul

Acquisition Highlights
  • This is PeakBirch Commerce’s 1st transaction in the Retail sector.
  • This is PeakBirch Commerce’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-07-29
Target Stul
Sector Retail
Buyer(s) PeakBirch Commerce
Deal Type Add-on Acquisition

Target

Stul

London, United Kingdom
Stul owns and operates stores specializing in CBD and cannabis accessories, including New Era Wellness, one of Europe's premier consumer CBD and natural health products companies. New Era Wellness is a world innovator in CBD-infused products and uses CBD extracted with cutting edge methods to create innovative and high-quality CBD products with great value. Its mission is to focus on research and development to produce the best and most versatile hemp extracts and make them accessible worldwide. Stul is located in London, United Kingdom.

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Buyer(S) 1

Buyer

PeakBirch Commerce

Vancouver, British Columbia, Canada

Category Company
Sector Information Technology
Revenue 3M USD (2021)
DESCRIPTION

PeakBirch Commerce is a data and sales-driven technology organization with the goal to construct a global micro warehousing network for small businesses. PeakBirch Commerce is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1