M&A Deal Summary

Agrify Acquires Señorita Drinks

On November 12, 2024, Agrify acquired beverage company Señorita Drinks

Acquisition Highlights
  • This is Agrify’s 1st transaction in the Beverages sector.
  • This is Agrify’s 5th transaction in the United States.

M&A Deal Summary
Date 2024-11-12
Target Señorita Drinks
Sector Beverages
Buyer(s) Agrify
Deal Type Add-on Acquisition

Target

Señorita Drinks

United States
Señorita Drinks offers consumers HDLT beverages that mirror well-known cocktails like a margarita – in two flavors – classic and mango. Señorita offers a low-sugar, low-calorie alternative to alcoholic beverages.

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Buyer(S) 1

Buyer

Agrify

Troy, Michigan, United States
Category Company
Founded 2016
Sector Agriculture
Employees39
Revenue 17M USD (2023)
DESCRIPTION

Agrify develops precision hardware and software grow solutions for the indoor agriculture marketplace. The company offers vertical farming units, integrated grow racks, and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It provides associated services comprising consulting, engineering, and construction. Agrify was founded in 2016 and is based in Troy, Michigan.

DEAL STATS #
Overall 5 of 5
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United States) 5 of 5
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-16 Nature s Miracle

Upland, California, United States

Nature's Miracle is an integrated agriculture technology company providing equipment and services to the Controlled Environment Agriculture industry. Through its two wholly-owned subsidiaries Visiontech Group, Inc. and Hydroman, Inc., the company offers products including horticultural lighting, irrigation systems, power distribution systems, materials, and equipment to indoor, greenhouse, hydroponic, and vertical growers. It has also developed cost-effective solutions for greenhouse systems, automated vertical farming, and modular container grow systems. Nature's Miracle is based in Upland, California.

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