Add-on Acquisition • E-Commerce

GrowGeneration Acquires Agron

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

Agron

Aurora, Colorado, United States
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 Overview 1

Buyer

GrowGeneration

Greenwood Village, Colorado, United States

Category Company
Founded 2008
Sector Retail
Employees289
Revenue 189M USD (2024)
DESCRIPTION

GrowGeneration is a specialty retail hydroponic and organic gardening store chain, selling to both the commercial and home cannabis markets. 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. GrowGeneration was founded in 2008 and is based in Greenwood Village, Colorado.


Deal Context for Buyer #
Overall 21 of 30
Sector: E-Commerce 5 of 5
Type: Add-on Acquisition 21 of 30
State: Colorado 2 of 2
Country: United States 21 of 30
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 -