05/21/2024
FOR IMMEDIATE RELEASE
Announcing the Latest Partnership at Hedgestone with Marc Warshaw from JDB Consulting and Sage Desiol for the Wolfpack: Major Equity Offering for Texas-Based CBD Retail & Distribution, Valued at $55 Million.
Texas, May 21, 2024—Hedgestone, a premier business brokerage firm, in partnership with Marc Warshaw from JDB Consulting and Sage Desiol for the Wolfpack, is thrilled to announce the signing of a significant equity offering with a Texas-based CBD company. This offering, valued at $55 million, marks a milestone for Hedgestone, JDB Consulting, and Sage Desiol, reflecting the robust potential and growth opportunities within the Texas CBD market.
As a distinguished entity in the CBD industry, reporting a net income of $11 million last year between its two parent companies. The owners seek to sell between 60% to 90% of the company’s equity while maintaining their roles as the face of the company. This strategic move is designed to attract substantial investment while ensuring the continuity of the founder's visionary leadership.
Key Highlights of the Offering:
1. Valuation and Income: valued at $55 million, with the company achieving a net income of $11 million last year.
2. Equity Sale: The owners want to sell 60% to 90% of the company’s equity, providing investors with a significant ownership stake in a highly profitable enterprise.
3. Down Payment and Financing: The deal includes a 50% down payment, with attractive long-term financing options available, making it an appealing opportunity for potential investors.
4. Leadership Continuity: The current owners will remain active as the company's face, ensuring stability and continuity in leadership and vision.
Hedgestone’s team, operating as a distinct entity within the firm, alongside Marc Warshaw from JDB Consulting and Sage Desiol’s Wolfpack, has worked diligently to secure this offering, highlighting their expertise and dedication in facilitating high-value transactions. This deal underscores Hedgestone’s and its partners' commitment to connecting investors with lucrative business opportunities and fostering growth within the market.
Quote from Hedgestone Leadership:
"We are extremely proud to facilitate this significant equity offering with our TX-based friends in the CBD space in partnership with Marc Warshaw from JDB Consulting and Sage Desiol's Wolfpack. This transaction showcases our strength, potential, and combined ability to bring valuable opportunities to our clients. We are confident that this deal will pave the way for future growth and success for our client and the new investors," said Marc Warshaw, Senior Broker at Hedgestone Business Advisors and Founder of JDB Consulting LLC.