M&A Deal Summary

Schwazze Acquires Strawberry Fields

On September 11, 2019, Schwazze acquired consumer products company Strawberry Fields for 31M USD

Acquisition Highlights
  • This is Schwazze’s 5th transaction in the Consumer Products sector.
  • This is Schwazze’s largest (disclosed) transaction.
  • This is Schwazze’s 8th transaction in the United States.
  • This is Schwazze’s 7th transaction in Colorado.

M&A Deal Summary
Date 2019-09-11
Target Strawberry Fields
Sector Consumer Products
Buyer(s) Schwazze
Deal Type Add-on Acquisition
Deal Value 31M USD

Target

Strawberry Fields

Colorado Springs, Colorado, United States
Strawberry Fields is a cannabis operator. Strawberry Fields five operations, a medical marijuana dispensary in Colorado Springs, two recreational marijuana dispensaries in Pueblo, Trinidad and Downieville. Strawberry Fields was founded in 2010 and is based in Colorado Springs, Colorado.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Schwazze

Denver, Colorado, United States
Category Company
Founded 2014
Sector Business Services
Employees729
Revenue 172M USD (2023)
DESCRIPTION

Schwazze is a consultancy and brand warehouse who licenses the turn-key cultivation and dispensary operating solutions. Schwazze was founded in 2014 and is based in Denver, Colorado.

DEAL STATS #
Overall 9 of 13
Sector (Consumer Products) 5 of 7
Type (Add-on Acquisition) 9 of 13
State (Colorado) 7 of 10
Country (United States) 8 of 12
Year (2019) 6 of 7
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-06 Roots Rx

Avon, Colorado, United States

Roots Rx is a cannabis operator with six dispensaries located in the ski and mountain towns of Colorado.

Buy $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-12 MedPharm Holdings

United States

MedPharm Holdings Corp. owns 15,000-square-foot manufacturing, research, and development laboratory, and cannabis processing facility in Denver, Colorado. Since beginning operations in 2016, MedPharm has grown to a staff of 22 people, including a Ph.D. of chemistry and extraction, Dr. Tyrell Towle. Additionally, Scott Karolchyk, the director of formulation development, is a member of the Colorado Department of Public Health and Environment, Marijuana Enforcement Division, Science and Policy Work Group.

Buy -
Mergr

Product

Company

Legal