Capstone Partners Advises VaporBeast on its Acquisition by Turning Point Brands

January 5, 2017

Orange County, CA – Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised Smoke Free Technologies dba VaporBeast on its acquisition by Turning Point Brands.  The deal closed at an implied enterprise value of $27.0 million.

VaporBeast is among the fastest growing e-commerce companies in the United States that focuses on sales, distribution and development of smoke free technology products.  Tim Campbell founded the company in 2012 after designing a two-sided electronic cigarette which he christened the “SWITCHBACK.”  Since then, the company has focused on developing and distributing an array of leading proprietary and third party vape products including accessories, devices, drip tips, e-liquids, rebuildables and tanks.

 

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