U-Swirl, Inc. acquired business assets of Moxie USA, LLC for $0.2 million.
March 11, 2014 at 12:00 am EDT
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U-Swirl, Inc. (OTCPK:SWRL) acquired business assets of Moxie USA, LLC for $0.2 million in stock on March 11, 2014. The purchase includes all intellectual property and worldwide license rights, including the rights associated with national, regional, and local distributors. U-Swirl purchased the Moxie USA for an earn-out of up to a total of 0.25 million shares of U-Swirl, Inc. over a two-year period, based upon EBITDA generated by the acquired assets.
U-Swirl, Inc. (OTCPK:SWRL) completed the acquisition of business assets of Moxie USA, LLC on March 11, 2014.
U-Swirl, Inc. is engaged in providing frozen yogurt. The Company offers U-Swirl Frozen Yogurt concept, which offers guests with a choice in frozen yogurt by providing an assortment of non-fat and low-fat flavors, including tart, traditional and no sugar-added (NSA) options and various toppings, including seasonal fresh fruit, sauces, candy and granola. The Company offers a menu to search for flavors, sort columns, and check nutritional information and ingredients. The Company offers Nonfat Frozen Yogurt, Original Tart Frozen Yogurt, Greek Nonfat Frozen Yogurt, Lowfat Frozen Yogurt, Premium Frozen Yogurt, NSA Frozen Yogurt, Frozen Custard and Non-Dairy Sorbet. As of August 31, 2015, the Company had nine Company-owned cafes and 243 franchised cafes. The Company's U-Swirl-n-Go Store franchises are limited-product stores within non-traditional locations, such as convenience stores, airports, hotels and other mass gathering areas. The Company's subsidiary is U-Swirl International, Inc.
U-SWIRL, INC. 
