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Announced

Completed

i80 Group completed a $204m investment in Society Brands.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

E-commerce

Completed

Private Equity

Friendly

Acquisition

United States

consumer products

Private

Domestic

Single Bidder

Synopsis

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i80 Group, an investment firm, completed a $204m investment in Society Brands, a tech-enabled consumer products company. "Society Brands is a new Amazon aggregator coming into the space with a differentiated 'founder- friendly' approach to acquiring businesses. Society Brands is one of the first to encourage the founder to stay on board and be part of something meaningful in the future. With this unique model and its well-equipped executive team, we are confident in Society Brands' ability to take acquired companies to the next level," Asher Hochberg, i80 Group Managing Director.

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