Add-on Acquisition • Consumer Products

Revolution Ventures Illinois Acquires New Age Care

On March 18, 2019, Revolution Ventures Illinois acquired consumer products company New Age Care

Acquisition Context

This is Revolution Ventures Illinois’ 1st transaction in the Consumer Products sector.
This is Revolution Ventures Illinois’ 1st transaction in the United States.
This is Revolution Ventures Illinois’ 1st transaction in Illinois.

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M&A Deal Summary
Date	March 18, 2019
Target	New Age Care
Sector	Consumer Products
Buyer(s)	Revolution Ventures Illinois
Deal Type	Add-on Acquisition

Target Company

New Age Care

Mount Prospect, Illinois, United States

New Age Care LLC is a licensed medical cannabis dispensary. The Illinois medical cannabis market is rapidly expanding, with the number of qualifying patients increasing 66% in 2018 to 52,365. Illinois recently expanded its program to allow patients to prescribed opioids to access medical cannabis.

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Buyer Overview 1

Buyer

Revolution Ventures Illinois

United States

Category	Company
Sector	Consumer Products

DESCRIPTION

Revolution Ventures Illinois LLC is a retail cannabis company that is changing the way people worldwide think about and access high-quality cannabis.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Consumer Products	1 of 1
Type: Add-on Acquisition	1 of 1
State: Illinois	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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