M&A Deal Summary

Society Brands Acquires Clarifion

On February 20, 2024, Society Brands acquired electrical equipment company Clarifion

Acquisition Highlights
  • This is Society Brands’ 1st transaction in the Electrical Equipment sector.
  • This is Society Brands’ 8th transaction in the United States.
  • This is Society Brands’ 1st transaction in Texas.

M&A Deal Summary
Date 2024-02-20
Target Clarifion
Sector Electrical Equipment
Buyer(s) Society Brands
Deal Type Add-on Acquisition

Target

Clarifion

Austin, Texas, United States
Clarifion is a direct-to-consumer company that offers a line of air ionizers and purifiers to help consumers breathe easier. Clarifion is based in Austin, Texas.

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Buyer(S) 1

Buyer

Society Brands

Canton, Ohio, United States
Category Company
Sector Information Technology
DESCRIPTION

Society Brands is a tech-enabled consumer products providing entrepreneurs meaningful liquidity while at the same time affording them an opportunity to stay on board, build their brand and roll equity into Society Brands' platform. Society Brands is based in Canton, Ohio.

DEAL STATS #
Overall 9 of 10
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 9 of 10
State (Texas) 1 of 1
Country (United States) 8 of 9
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 Cleanomic

Adrian, Michigan, United States

Cleanomic offers a variety of sustainable products for laundry, cleaning, kitchen, and bathroom use. Cleanomic is based in Adrian, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Vitality Now

United States

Vitality Now is a provider of mental performance and body restoration supplements, stands at the forefront of the health and wellness industry.

Buy -
Mergr

Product

Company

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