M&A Deal Summary

Everde Growers Acquires La Verne Nursery

On June 17, 2022, Everde Growers acquired agriculture company La Verne Nursery

Acquisition Highlights
  • This is Everde Growers’ 2nd transaction in the Agriculture sector.
  • This is Everde Growers’ 3rd transaction in the United States.
  • This is Everde Growers’ 2nd transaction in California.

M&A Deal Summary
Date 2022-06-17
Target La Verne Nursery
Sector Agriculture
Buyer(s) Everde Growers
Deal Type Add-on Acquisition

Target

La Verne Nursery

Piru, California, United States
La Verne Nursery is a premier grower of stone fruit, citrus, and tropical fruit in containers ranging from #1 containers to 24" boxed trees. The company has 100 acres in production, with 2 acres of greenhouses, 2.5 acres of shade houses, 5 acres of screen houses, and 120 year-round employees. La Verne Nursery was formed in 1972 and is based in Piru, California.

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Buyer(S) 1

Buyer

Everde Growers

Houston, Texas, United States
Category Company
Sector Agriculture
DESCRIPTION

Everde Growers is a provider of container-grown trees, shrubs, perennials, tropical and cold hardy palms, as well as container and field-grown palms. It grows over 1,000 unique plant selections and variations, including field-grown palms, 23 different container sizes, over 100 varieties of stone fruit, and over 300 different species of plants. Everde Growers is based in Houston, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Agriculture) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-26 Midas Nursery Solutions

Hillsboro, Oregon, United States

Midas Nursery Solutions is a provider of nursery automation products designed to increase productivity and consistency and quality, including tray automation and material handling as well as potting solutions and hand held machines. The company tests and uses many of the products and stands behind each one provided. They are committed to being the best horticulture automation products supplier in the industry.

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