Stem Holdings Acquires Driven Deliveries, Inc.

Driven Deliveries To Acquire Humboldt Heritage Inc

January 28, 2020

Consumer Products

Driven Deliveries (DRVD) announced a letter of intent to acquire Northern California-based Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild LLC and Grateful Eight LLC, creating a vertically integrated, farm-to-consumer cannabis operator in California. The transaction is expected to add about $20M to Driven's 2020 revenue forecast, give Driven exclusive access to 18 brands and products from more than 200 Humboldt farms, and materially improve gross margins through vertical integration and scale.

Driven Deliveries to Acquire Cannabis Lifestyle Brand Mozen

May 12, 2020

Consumer Products

Driven Deliveries, Inc. announced an agreement in principle to acquire Mozen Inc., a Los Angeles–based cannabis lifestyle brand, in an all-stock transaction expected to close in Q3 2020. Driven plans to integrate Mozen's disposable vape products into its retail and delivery operations to capture higher margins and expand the brand's distribution inside California and into other legal markets.

Stem Holdings (Driven By Stem) Acquires Artifact Extracts and Two Oregon Dispensaries

September 17, 2021

Retail

Stem Holdings, Inc. (d/b/a Driven By Stem) acquired Artifact Extracts, a cannabis extraction company based in Oregon, along with two dispensaries and Salem delivery capabilities. The transaction expands Stem's concentrates production capabilities and West Coast retail footprint, enabling integration of Artifact's product lines into Stem's brands and rollout of its Budee delivery platform in Salem and Eugene.

Columbia Capital Acquires Driven Technologies

November 12, 2021

IT Services

Private equity firm Columbia Capital has acquired Driven Technologies, a provider of IT services that secures, optimizes and manages multi-cloud infrastructure, applications and data. The acquisition is intended to support Driven's growth initiatives and expand the company's reach across the United States; Driven will continue to operate under its existing name.

Shopify Acquires Deliverr to Expand Fulfillment Capabilities

July 8, 2022

Logistics & Distribution

Shopify Inc. completed its acquisition of Deliverr, Inc. for approximately $2.1 billion in a mix of cash and Shopify Class A shares. The deal integrates Deliverr's fulfillment software, talent, data, and network into the Shopify Fulfillment Network to expand multichannel, fast fulfillment for merchants across major marketplaces and sales channels.

Green House Data Acquires Deliveron

May 15, 2019

Cloud & SaaS

Green House Data, a managed cloud and data center services provider, has acquired Deliveron, an agile-focused DevOps development firm based in Omaha, Nebraska. The acquisition adds Deliveron's DevOps, Azure refactoring, and analytics-driven software development capabilities to Green House Data's cloud modernization and managed services offerings to better serve enterprise and mid-market clients.