M&A Deal Summary

GrowGeneration Acquires Char Coir

On March 15, 2021, GrowGeneration acquired retailer Char Coir

Acquisition Highlights
  • This is GrowGeneration’s 13th transaction in the Retail sector.
  • This is GrowGeneration’s 19th transaction in the United States.
  • This is GrowGeneration’s 1st transaction in Oregon.

M&A Deal Summary
Date 2021-03-15
Target Char Coir
Sector Retail
Buyer(s) GrowGeneration
Deal Type Add-on Acquisition

Target

Char Coir

Portland, Oregon, United States
website
Char Coir is a specialty retailer of RHP-certified growing medium made from the highest-grade coconut fiber available. Char Coir is recognized as the best coco coir on the market. Char Coir's portfolio of products is 100 percent biodegradable and compostable and a sustainable alternative to rockwool. Char Coir was founded in 2014 and is based in Portland, Oregon.

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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 19 of 29
Sector (Retail) 13 of 20
Type (Add-on Acquisition) 19 of 29
State (Oregon) 1 of 1
Country (United States) 19 of 29
Year (2021) 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 San Diego Hydroponics & Organics

San Diego, California, United States

San Diego Hydroponics & Organics is San Diego County's premier hydroponic equipment supplier that first opened its doors with an 800-square-foot store in Pacific Beach, California. Since then, San Diego Hydroponics & Organics has expanded to four locations with more than 20,000-square-feet of retail space. San Diego Hydroponics & Organics was founded in 2001 and is based in San Diego, California.

Buy -
FOLLOWING 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 -
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