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New Deal


Announced

Completed

Riverside-backed SC Labs completed the acquisition of C4 Laboratories.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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laboratory

Acquisition

Domestic

Majority

Friendly

Private

Single Bidder

cannabis medicine

United States

Completed

cannabis testing

Test Inspection and Certification (TIC)

testing, inspection and certification

Private Equity

Synopsis

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Riverside-backed SC Labs, a cannabis and hemp testing company, completed the acquisition of C4 Laboratories, a botanical testing facility specializing in cannabis medicine. Financial terms were not disclosed. "C4 has a demonstrated track record of scientific expertise and business acumen that fits perfectly within our values shared across locations. With this acquisition, we can continue to expand best-in-market cannabis testing services and the opportunity to service multi-state growers and manufacturers. It is truly an exciting time for growth, and we know that the C4 team will be an invaluable addition to our team, culture and operations," Jeff Journey, SC Labs CEO.

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