M&A Deal Summary

GrowGeneration Acquires HRG

On January 31, 2022, GrowGeneration acquired retailer HRG

Acquisition Highlights
  • This is GrowGeneration’s 19th transaction in the Retail sector.
  • This is GrowGeneration’s 28th transaction in the United States.
  • This is GrowGeneration’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-01-31
Target HRG
Sector Retail
Buyer(s) GrowGeneration
Deal Type Add-on Acquisition

Target

HRG

Ogden, Utah, United States
HRG is a specialty retailer of horticultural products that specializes in the sale of horticultural products to the indoor and greenhouse horticultural markets. HRG is based in Ogden, Utah.

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Buyer(S) 1

Buyer

GrowGeneration

Pueblo, Colorado, United States
Category Company
Sector Retail
Revenue 226M USD (2023)
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 is based in Pueblo, Colorado.

DEAL STATS #
Overall 28 of 29
Sector (Retail) 19 of 20
Type (Add-on Acquisition) 28 of 29
State (Utah) 1 of 1
Country (United States) 28 of 29
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Commercial Grow Supply

Santa Clarita, California, United States

Commercial Grow Supply is a hydroponic superstore with a primary location serving Santa Clarita and the greater Los Angeles area. Commercial Grow Supply provides only the most proven and tested nutrients and best grow equipment, along with expert consultation for everyone, from beginner boutique cultivators to large-scale commercial grow operations. Commercial Grow Supply was founded in 2011 and is based in Santa Clarita, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-10 St. Louis Hydroponic

St. Louis, Missouri, United States

St. Louis Hydroponic operates a hydroponic retail store that provides lighting pest and disease control, hydroponic systems, environmental control, ph/tds/ec, growing mediums, fertilizers and nutrients, garden tools, containers and saucers, grow tents, propagation and cloning, odor control, hydroponic components and parts, soils and amendments, ventilation, seeds and plants, pumps and irrigation, air pumps and accessories, and water purification. St. Louis Hydroponic is based in St. Louis, Missouri.

Buy -
Mergr

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