---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-001009"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:53:22.219040+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IVFH acquires Golden Organics for $1.75M; $6.8M TTM revenue, organic growth strategy

## Summary
- Purchase price $1.75M: $1.4M cash + $350K 5-year seller note at 6% interest; inventory valued at ~$1.4M covers cash outlay.
- Golden Organics has $6.8M trailing-twelve-month revenue, 22% CAGR since 2018, and positive net income each year.
- Adds 800+ incremental organic items, 200+ customers across restaurants/food manufacturers/retailers; no customer >8% of sales.
- Taeshaud Jackson appointed President of Golden Organics; has food distribution experience from U.S. Foods, Americold, DHL.
- Transaction costs ~$75K; expected to close in Q4 2024; cross-selling and back-office synergies targeted post-closing.

## SEC filing metadata
- accession: 0001185185-24-001009
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/312257/000118518524001009/0001185185-24-001009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518524001009/innovfood20241018_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-001009
- JSON: https://secwatch.observer/filing/0001185185-24-001009.json
- Plain text: https://secwatch.observer/filing/0001185185-24-001009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.