The Delavaco Group
2300 E Las Olas Blvd Fl 5, Fort Lauderdale, FL, 33301, United States
Overview
Delavaco Group ("Delavaco") is a private equity and merchant banking firm focused on investments in the real estate, retail, and resources sectors. Delavaco's objective is to combine access to capital, industry expertise, and extensive capital markets experience to create significant value in its investment portfolio. Delavaco has a strong track record of forming and actively managing early stage enterprises and developing them into strong public companies with a solid management and financial foundation. Delavaco was founded in 2007 and since has funded or structured funding in excess of C$1 billion since its inception. Delavaco's founder and principals have extensive and varied business and investment experience stemming from senior positions in investment banking, equity capital markets, equity trading and sales, fund management andaccounting. It's these backgrounds that provide the firms' strength in (i) raising capital; (ii) mergers and acquisitions; (iii) planning for and managing strategic growth; (iv) restructurings and (v) implementing exit strategies. Delavaco is headquartered in Fort Lauderdale, Florida with offices in Toronto, Ontario.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- PR\U00f8hbt
Led · Series A · Jun 2018
Prøhbtd produces premium lifestyle- and culture-focused content with cannabis as the hook rather than the exclusive focus. Its video content is available on the Prøhbtd website and on streaming devices like Apple TV and Roku; the company reported 21 million views in May with an average view time of 3 minutes 45 seconds. Programming includes series such as Edibles, and the company works with more than 60 cannabis brands across branded videos, sponsorships, product development, design and marketing. Leadership frames branded work alongside editorial content and pursues mainstream partnerships such as a deal with Advertising Week. CEO Drake Sutton-Shearer said the company is exploring international opportunities in Canada, Australia and Latin America and is planning a Canadian public offering. Financially, Prøhbtd recently closed an $8 million Series A to scale its content and commercial efforts.
- Aphria
Led · Equity · Jun 2014
Aphria, founded in 2013, is a medical marijuana company based in Leamington, Ontario. It grows and supplies medical cannabis using science-driven greenhouse cultivation methods. The company says it grows all plants without the use of pesticides and employs a computerized drip irrigation system to deliver precise water and nutrients to each individual plant. Aphria positions its product as a natural alternative healthcare solution. In June 2014 it raised $6.2M from The Delavaco Group, and previous backers include Front St. Capital, York Plains and Broadband Capital. Vic Neufeld, a founding investor, was named CEO.
Team
Andy DeFrancesco
CEO
LinkedIn