EMERGE acquires BattlBox and Carnivore Club

1 minute read
07 October 2021

On October 7, 2021, EMERGE Commerce Ltd. ("EMERGE") (TSXV: ECOM), a leading acquirer and operator of direct-to-consumer e-commerce brands, announced the successful closing of the previously announced acquisition of all the respective membership interest and shares of BattlBox, LLC ("BattlBox"), Carnivore Club, LLC and Carnivore Club Subscription Box Canada Inc. for US$10.25 million in cash, US$1.5 million in deferred consideration payable over 3 years, and contingent earnout consideration of up to US$7.2 million over a 3-year period.

BattlBox is a market-leading outdoor, camping and survival goods subscription business based in the US headquartered outside of Atlanta, Georgia. Carnivore Club  is a premium artisanal meat subscription business in Canada based in Toronto, Ontario, with a presence in the US.

Gowling WLG advised EMERGE with respect to this transaction with a team that included Ian Palm, Radhika Vaidyanathan, Andrew Griffin and Lee Sykes (corporate/M&A), assisted by student-at-law Patrick Chen.

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