CV Sciences, Inc. completes acquisition of Elevated Softgels, LLC to enhance product flexibility
Acquiring Company
CV Sciences
Acquired Company
Elevated Softgels
San DiegoGrand JunctionOtherHealth CareFitnessWellnessManufacturingHealth CareDietary SupplementsNutritionDescription
CV Sciences, Inc., a leading consumer wellness company specializing in hemp extracts, has successfully acquired Elevated Softgels, LLC. This strategic acquisition expands CV Sciences' production capabilities, operational flexibility, and creates opportunities for in-sourcing production of key products. The acquisition is structured as an equity purchase, with CV Sciences operating Elevated Softgels as its wholly-owned subsidiary.
Quick answer
CV Sciences is acquiring Elevated Softgels, announced May 14, 2024. CV Sciences is based in San Diego, California, United States.
- How much did CV Sciences pay for Elevated Softgels?
- The deal value was not disclosed.
- What does CV Sciences do?
- The Company expects to use net proceeds of approximately $1 million, before deducting transaction fees and other estimated transaction expenses, from this offering for general corporate purposes which may include,..
- Where are CV Sciences and Elevated Softgels based?
- CV Sciences is based in San Diego, California, United States. Elevated Softgels is based in Grand Junction, Colorado, United States.
- Who are the decision-makers at CV Sciences?
- Fundz holds 1 contact at CV Sciences. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at CV Sciences, and when
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Frequently asked
Who acquired Elevated Softgels?
Elevated Softgels was acquired by CV Sciences, based in San Diego. The deal was reported on May 13, 2024. CV Sciences is publicly traded (CVSI) and operates in Other.
When did CV Sciences acquire Elevated Softgels?
CV Sciences's acquisition of Elevated Softgels was reported on May 13, 2024. CV Sciences, Inc., a leading consumer wellness company specializing in hemp extracts, has successfully acquired Elevated Softgels, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Elevated Softgels do?
Elevated Softgels, LLC is a leading manufacturer of encapsulated softgels and tinctures for the supplement and nutrition industry. It is privately held, operating in Manufacturing, and is based in Grand Junction.
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