M&A Deal Summary

Potent Ventures Acquires Verve Beverage

On January 15, 2019, Potent Ventures acquired beverage company Verve Beverage

Acquisition Highlights
  • This is Potent Ventures’ 1st transaction in the Beverages sector.
  • This is Potent Ventures’ 1st transaction in the United States.
  • This is Potent Ventures’ 1st transaction in Arizona.

M&A Deal Summary

Date 2019-01-15
Target Verve Beverage
Sector Beverages
Buyer(s) Potent Ventures
Deal Type Add-on Acquisition

Target

Verve Beverage

Scottsdale, Arizona, United States
Verve Beverage Co. is a premium energy beverage provider. Verve Beverage is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

Potent Ventures

Vancouver, British Columbia, Canada

Category Company
Sector Life Science
DESCRIPTION

Potent Ventures operates in the regulated cannabis industry.


DEAL STATS #
Overall 1 of 2
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-13 R&D Pharma - Jamaican Interests

Jamaica

R&D Pharma Corp. - Jamaican Interests provides cultivation of cannabis plants.

Buy -