Vangst Acquires CannabizTemp (CannabizTeam's Temp Staffing Division)
May 16, 2024
Vangst, the cannabis hiring platform headquartered in Denver, has acquired CannabizTemp, the temporary staffing division of CannabizTeam, in a 50% cash / 50% stock transaction. The deal brings CannabizTemp's customers into Vangst's platform, expands Vangst's staffing capabilities and customer base (now ~1,700 customers), and allows CannabizTeam to focus on its executive search business.
- Buyers
- Vangst
- Targets
- CannabizTemp
- Sellers
- CannabizTeam
- Industry
- Staffing & HR
- Location
- California, United States
- Transaction Type
- Divestiture
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