M&A Deal Summary

GrowGeneration Acquires Agron

On March 22, 2021, GrowGeneration acquired e-commerce company Agron

Acquisition Highlights
  • This is GrowGeneration’s 5th transaction in the E-Commerce sector.
  • This is GrowGeneration’s 21st transaction in the United States.
  • This is GrowGeneration’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2021-03-22
Target Agron
Sector E-Commerce
Buyer(s) GrowGeneration
Deal Type Add-on Acquisition

Target

Agron

Aurora, Colorado, United States
website
Agron is a wholesale agriculture platform that allows commercial growers to manage their purchasing and logistics in one platform. Agron was founded in 2016 and is based in Aurora, Colorado.

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Buyer(S) 1

Buyer

GrowGeneration

Pueblo, Colorado, United States

website


Category Company
Sector Retail
DESCRIPTION

GrowGeneration is a large specialty retail hydroponic and organic gardening store chain, selling to both the commercial and home cannabis markets, with currently 10 locations in Colorado, 1 location in California and 1 location in Las Vegas, NV. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.


DEAL STATS #
Overall 21 of 29
Sector (E-Commerce) 5 of 5
Type (Add-on Acquisition) 21 of 29
State (Colorado) 2 of 2
Country (United States) 21 of 29
Year (2021) 6 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 Aquarius Hydroponics

Agawam, Massachusetts, United States

Aquarius Hydroponics is an indoor-outdoor garden supply center specializing in hydroponics systems, lighting, and nutrients. Aquarius Hydroponics is based in Agawam, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-20 Downriver Hydro

Brownstown, Michigan, United States

Downriver Hydro is a Michigan-based indoor garden supply center in Wayne County. Downriver Hydro was founded in 2011 and is based in Brownstown, Michigan.

Buy -