Houlihan Lokey Advises Molecule Labs

Houlihan Lokey is pleased to announce the successful sale of Molecule Labs, Inc. (ML) to a leading global contract manufacturer. The transaction closed on December 31, 2019.

Founded in 2006 and based in Benicia, California, ML is a leading manufacturer in the innovative and fast-evolving e-liquid and electronic nicotine delivery system industry. The company manufactures both closed system and open system products as well as bulk e-liquid products for the vaping industry. Since its founding, ML has rapidly built a reputation of quality, innovation, and customer service driven by a highly accomplished R&D, production and operations, and executive team.

The buyer is a leading global contract manufacturer that serves customers in a broad range of industries around the world. The design, manufacturing, supply chain, and product management expertise of the buyer were a strong strategic fit for ML and will enable the combined business to accelerate growth by opening new markets and expanding production in an industry that is undergoing rapid business and regulatory change.

Houlihan Lokey served as the exclusive financial advisor to ML and assisted in initiating, structuring, and negotiating the transaction on their behalf.