M&A
confidence high
sentiment positive
materiality 0.85
Vireo Growth wins $111M credit bid for Schwazze assets, forms NewCo
Vireo Growth Inc.
- Vireo subsidiary credit bid ~$111M of Schwazze 13% Senior Secured Notes, winning asset sale.
- Asset sale conducted Nov 13, 2025 under UCC §9-610/611; RSA signed Oct 10, 2025.
- NewCo to acquire majority of Schwazze assets; Vireo will be majority owner post-closing.
- Closing subject to regulatory approvals and satisfaction of conditions in asset purchase agreement.
- Remaining Schwazze assets to be liquidated; winding down of operations.