Consumer Products Acquisitions in Colorado

cbdMD, Inc. (NYSE American: YCBD) acquired substantially all assets of Bluebird Botanicals in early January 2026 to integrate Bluebird's regulatory science, safety and IP assets into cbdMD's clinical and toxicology platform. The deal strengthens cbdMD's regulatory-compliance and GRAS capabilities for both broad-spectrum and full-spectrum cannabinoid formulations and is expected to contribute to revenue growth and expanded product safety dossiers.

Transom Capital Group, a Los Angeles–based private equity firm, has completed its acquisition of WellBiz Brands, Inc., a Denver‑headquartered multi‑brand beauty and wellness franchisor. Transom said it will apply operational expertise and new investment to accelerate franchise development, improve profitability, enhance franchisee support and expand the company's membership‑driven platform across its more than 700 locations.

KEY Investment Partners purchased BellRock Brands out of receivership, securing the company's brand assets and providing working capital to refocus and revitalize the portfolio. The assets will be operated under a newly formed company, MM Brands, led by incoming CEO Joe Bayern as the business pursues national brand-building ahead of potential federal cannabis rescheduling.

Victrola has acquired KLH Audio in a strategic takeover that brings together two historic American consumer-audio brands to expand product capabilities and accelerate R&D and global distribution. KLH will operate as a brand under the Victrola umbrella with David Kelley appointed Brand President to lead product and market expansion.

Rhino-Rack, a brand within Clarus Corporation, has acquired certain assets of RockyMounts, a Boulder, Colorado-based maker of bicycle transport products. The transaction, funded with cash on hand and with terms undisclosed, will integrate RockyMounts into Rhino-Rack’s Colorado facility while founder Bobby Noyes will remain on the innovation team to support product development and expansion into U.S. and Australian markets.

Pins & Aces, a Denver-based premium golf accessories brand, has acquired Edel Golf, a Colorado-based maker of custom-fitting golf clubs and equipment. The deal brings Edel's club-fitting technology and product lines into Pins & Aces' portfolio while maintaining both brands and leadership roles (Doug Coors remains chairman; Rocky Hansler continues as Edel President).

Inspired Beauty Brands, Inc. has acquired Fix Your Lid, a U.S.-made men’s grooming and styling products brand owned by HBB Consumer Products LLC. The acquisition brings the Fix Your Lid brand into IBB’s consumer beauty portfolio to expand its presence in the men’s grooming category; the seller was HBB Consumer Products LLC and owner Margaret Wernars.

TSG Consumer Partners has acquired CorePower Yoga from L Catterton; terms were not disclosed. The investment, the first from TSG's eighth fund, will support CorePower Yoga's expansion of its multi-location studio network and digital offerings.

Twin Star Home, a portfolio company of Z Capital Group (ZCG), has acquired Grand Basket, a Denver-based maker of outdoor patio furniture and accessories. The deal (terms undisclosed) expands Twin Star's omnichannel outdoor product offerings and strengthens its private-label and retail partnerships across North America.

The Riverside Company has acquired Frenchies Modern Nail Care, a Littleton, Colorado–based franchisor of nail salons with more than 20 locations across multiple U.S. states. Riverside said the acquisition complements its franchising platform strategy — adding a personal care/beauty brand that can be scaled via franchise sales, marketing and geographic expansion (noted as a natural addition to Bishops Cuts/Color).

Lakeshirts has acquired Aksels, a Colorado-based resort apparel and accessory maker known for socks, hats and tees. Lakeshirts will operate Aksels as a standalone brand within its growing portfolio to expand its resort and souvenir apparel offerings.

Gart Capital Partners, a family investment company, has made a minority growth equity investment in Topo Designs, the Denver-based outdoor apparel and accessories brand. The undisclosed capital — Topo's first outside funding — will be used to drive customer acquisition, expand direct-to-consumer and wholesale channels, and grow its brick-and-mortar retail footprint in the U.S.

Epic Gardening has acquired Botanical Interests, the Broomfield, Colorado-based seed packet company. The deal preserves Botanical Interests’ brand, Colorado headquarters, and employees while enabling Epic Gardening to expand its wholesale reach through Botanical Interests’ network of independent garden center partners and sales reps.

L2 Brands, a portfolio company of Sentinel Capital Partners, has acquired Ouray Sportswear and Locale from S&S Activewear (a Clayton, Dubilier & Rice portfolio company). The deal expands L2's portfolio of apparel and headwear brands and is intended to support product, geographic and end-market expansion across destination, collegiate, golf and corporate channels.

StairSlide acquired outdoor-play products maker b4Adventure (deal finalized December 30, 2022) to expand its product offering with nearly 200 outdoor items including ziplines, slacklines and swings. The acquisition moves StairSlide beyond indoor slide products into the backyard/outdoor active-play market and broadens its portfolio aimed at children and families.

O2C Brands LLC (formerly O2COOL) announced the acquisition of consumer brands EcoVessel and U-Konserve as it rebrands to a multi-brand operating company. The deal expands O2C’s sustainable drinkware and food-storage offerings and will leverage the company’s retail relationships and multinational supply chain; O2C Brands is owned by Chicago-based private equity firm Middleton Partners.

United Sports Brands (USB), backed by Bregal Partners, acquired cycling apparel and accessories brand PEARL iZUMi from Shimano. The deal adds PEARL iZUMi to USB’s portfolio of sports performance brands to expand its presence in cycling apparel and footwear while USB will manage a transition with Shimano to support retailers.

Toronto-based investment firm 3GP Capital has acquired Denver-based Blue Dog Designs, the maker of the patented Help'EmUp full-body dog harness. The Zimmermans (founders) sold the business to secure capital and resources to scale distribution across D2C and B2B channels and support future growth.

Denver-based performance workwear brand Truewerk received a minority Series B investment from Stride Consumer Partners. The capital will be used to amplify brand awareness, grow Truewerk's direct-to-consumer e-commerce business and expand its enterprise uniform offerings.

Australian-listed Creso Pharma Limited has acquired U.S.-based Sierra Sage Herbs, the maker of Green Goo, Southern Butter and Good Goo, for an upfront payment of $21 million plus additional performance-based payments. The acquisition gives Creso an immediate entry into the U.S. natural personal-care and CBD markets and adds a portfolio of established retail and direct-to-consumer consumer products to Creso's cannabis- and hemp-based product lines.

Palmer Jane, Inc. has acquired the cannabis vape lifestyle brand LucidMood, combining Palmer Jane’s marketing and technology platform with LucidMood’s select-effect product line sold in Colorado dispensaries. The acquisition will expand Palmer Jane’s product portfolio and enable online ordering (via local dispensaries) and a nationwide hemp-only line.

Wellbeam Consumer Health LLC, an American Pacific Group portfolio company, acquired BioTRUST Nutrition LLC, a direct-to-consumer eCommerce nutrition brand focused on protein, collagen and healthy-aging supplements. The deal expands Wellbeam's DTC capabilities and diversifies its wellness portfolio into the nutritional powders / healthy-aging segment.

Aqua-Leisure Recreation, a Blackford Capital–backed maker of aquatic products, has acquired Denver-based Airhead Sports Group in the first add-on under Blackford's ownership. The deal combines two leading consumer brands in pool floats, towables and outdoor leisure products to expand sourcing, distribution and product development capabilities and pursue omni-channel retail and wholesale growth.

Helen of Troy Limited agreed to acquire Osprey Packs, Inc. for approximately $414.7 million in cash, adding the outdoor pack and travel-gear brand to its portfolio. The acquisition brings Osprey — headquartered in Cortez, Colorado, with roughly 270+ employees and ~ $155–160 million of 2021 revenue — into Helen of Troy's global consumer-products platform to expand its outdoor category and accelerate international growth.

High Tide Inc. has agreed to acquire an 80% stake in Denver-based NuLeaf Naturals for US$31.24 million, with a three-year option to buy the remaining 20%. The deal strengthens High Tide's vertical integration and global CBD capabilities by adding NuLeaf's cGMP-certified manufacturing, vegan softgel technology and D2C e-commerce distribution.

Next Sparc Growth Partners, a professional family office based in Chagrin Falls, Ohio, has made a growth investment in Revel Bikes, an award-winning designer and maker of high-end full-suspension mountain bikes based in Carbondale, Colorado. The partnership provides capital and operational support to help Revel scale product development, distribution, and brand growth.

EagleTree Capital, on behalf of its EagleTree Partners V fund, has acquired Lignetics Inc. from Taglich Private Equity and Mill Road Capital. Lignetics — the largest consumer-focused wood pellet manufacturer in the U.S., headquartered in Louisville, Colorado — will serve as a new platform investment for EagleTree; co-investors include Alpha Associates, Bullingham Capital, Farol Asset Management, Manulife Investment Management, Misland Capital, Northwestern Mutual Capital, and Thrivent Financial. Terms were not disclosed; Lignetics operates 22 plant locations (U.S. and Canada) with ~1.4M tons annual production capacity and brands across residential heating, BBQ pellets and pet litter.

ST Brands, a wholly-owned subsidiary of New You, Inc., agreed to acquire 49% of Colorado-based Infinite Product Company, LLC (Infinite CBD) with an option to purchase the remaining 51% for a total of $11.0 million, paid primarily in New You stock. The deal is intended to accelerate Infinite CBD's growth by applying New You/ST Brands' branding, supply-chain and go-to-market resources to expand market share across direct-to-consumer and wholesale channels.

HempFusion Wellness Inc. has acquired 100% of APCNA Holdings LLC (Apothecanna) for initial consideration of US$15.0 million, with up to US$10.0 million in additional milestone payments tied to revenue targets. The deal expands HempFusion's retail distribution (adding ~1,800 stores including CVS), bolsters its e-commerce presence, and is immediately accretive based on Apothecanna's ~US$3.8–4.0 million 2020 revenue.

Thrive International, Inc. has acquired LÍLLÉbaby, the award-winning maker of baby carriers, adding the brand to Thrive's portfolio of juvenile and lifestyle baby brands. Thrive said it will leverage its multi-channel retail and e-commerce capabilities to expand LÍLLÉbaby's domestic and international reach while LÍLLÉbaby's CEO will remain on as a consultant during integration.

San Francisco Equity Partners (SFEP) has made a $20 million strategic growth investment in BrüMate, the Denver-based direct-to-consumer maker of insulated drinkware. SFEP operating partner Moiz Ali is investing alongside SFEP and will work with BrüMate's founder and management to scale the brand's digital marketing, ecommerce and retail initiatives.

Carlson Private Capital Partners completed its first add-on acquisition for platform Lakeshirts/Blue84 with the purchase of Zephyr Headwear, a Loveland, Colorado-based collegiate headwear manufacturer. The deal expands the Lakeshirts/Blue84 platform’s headwear capabilities and strengthens its position in the collegiate and licensed headwear market; financial terms and the seller were not disclosed.

ZOOMA Women's Race Series has acquired Skirt Sports, the Boulder-based women's running and fitness apparel brand founded by Nicole DeBoom. The deal combines ZOOMA’s destination race events and community programming with Skirt Sports’ apparel and direct-to-consumer presence to broaden offerings for female athletes and deepen community engagement.

Lucid Audio acquired Westone Audio, the music and premium in-ear monitor division of Westone Laboratories, a portfolio company of HealthEdge Investment Partners. The divestiture allows Westone Laboratories to concentrate on its core hearing healthcare and protection business while Lucid Audio expands its consumer and professional audio product portfolio.

An affiliate of CenterGate Capital has made a growth investment in Ouray Sportswear, and Ouray announced a strategic partnership with TSC Apparel to combine TSC’s national distribution network with Ouray’s premium branded apparel and headwear. The partnership and capital injection are intended to expand Ouray’s market presence across resort, collegiate, golf and specialty retail channels in the United States.

BR Brands, a cannabis CPG platform, completed the acquisition of the remaining capitalization and control of Mary's Brands (maker of Mary's Medicinals) concurrent with the first close of BR Brands' Series A, which was backed by strategic capital partner Rose Capital. The deal expands BR Brands' portfolio and manufacturing capabilities as part of a buy-and-build strategy to scale premium cannabis CPG brands across multiple U.S. markets.

Young Living Essential Oils has acquired Nature's Ultra, a Colorado-based hemp farming and CBD product company with more than 1,500 acres of organic hemp. Nature's Ultra will continue to operate independently while supplying CBD isolate-infused products that will be combined with Young Living's Seed to Seal-certified essential oils and sold to Young Living customers.

Elixinol purchased a 25% equity stake in Altmeds LLC, the maker of the Pet Releaf hemp‑derived CBD pet product line, to strengthen supply arrangements and provide growth capital to scale the business. The investment will fund working capital, new product lines and expansion of a new 25,000 sq. ft. production facility; Elixinol’s president will join the Pet Releaf board.

Aiglon Capital Management, together with Merit Capital Partners and Classic Brands' management, has acquired Classic Brands, a Denver-based designer, manufacturer and distributor of wild bird feeders and related birding products. The investors plan to support Classic's expansion into new product categories, e-commerce and select add-on acquisitions to grow the business.

Intradeco, a global vertical-manufacturing apparel company, has acquired Headsweats, a Boulder-based leader in performance headwear. The deal positions Headsweats to expand into fully sublimated performance tees and running singlets while leveraging Intradeco's vertical integration and sustainable manufacturing capabilities to increase production and lower minimums.