M&A Deal Summary

Turning Point Acquires Smoke Free Technologies

On November 17, 2016, Turning Point acquired e-commerce company Smoke Free Technologies for 27M USD

Acquisition Highlights
  • This is Turning Point’s 1st transaction in the E-Commerce sector.
  • This is Turning Point’s largest (disclosed) transaction.
  • This is Turning Point’s 2nd transaction in the United States.
  • This is Turning Point’s 1st transaction in California.

M&A Deal Summary
Date 2016-11-17
Target Smoke Free Technologies
Sector E-Commerce
Buyer(s) Turning Point
Deal Type Add-on Acquisition
Deal Value 27M USD

Target

Smoke Free Technologies

Carlsbad, California, United States
Smoke Free Technologies, Inc. (VaporBeast) is an e-commerce platforms and sales organizations serving the new evolving non-traditional channels of retail distribution. The company markets a wide range of products, including e-liquids, vaporizers and accessories, with a number of products under their own proprietary brands, directly to consumers and to more than 4,700 non-traditional retailers.

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Buyer(S) 1

Buyer

Turning Point

Louisville, Kentucky, United States
Category Company
Founded 1988
Sector Consumer Products
Employees373
Revenue 405M USD (2023)
DESCRIPTION

Turning Point is a US provider of other tobacco products (“OTP”). Through widely recognized brands such as Zig-Zag®, Beech-Nut® and Stoker’s®, the company markets smokeless products (chewing tobacco and moist snuff), smoking products (premium cigarette papers and cigar products), new generation electronic products (e-cigarettes, vaporizers and E-Liquids), and new generation non-nicotine, non-tobacco products sold through the Primal™ brand. Turning Point was founded in 1988 and is based in Louisville, Kentucky.

DEAL STATS #
Overall 2 of 5
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 1
Country (United States) 2 of 5
Year (2016) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Wind River Tobacco - Smokeless Tobacco Brands

Jackson, Wyoming, United States

Wind River Tobacco Co. - Smokeless Tobacco Brands is a provider of four chewing tobacco brands and a twist tobacco brand.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 International Vapor Group

Miami Lakes, Florida, United States

International Vapor Group LLC is a marketer and seller of proprietary and third-party vapor products direct to adult consumers via a best-in-class online platform under brand names such as VaporFi, South Beach Smoke, and DirectVapor. International Vapor Group is based in Miami Lakes, Florida.

Buy $24M
Mergr

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