M&A Deal Summary

GrowGeneration Acquires Reno Hydroponics

On February 11, 2019, GrowGeneration acquired retailer Reno Hydroponics

Acquisition Highlights
  • This is GrowGeneration’s 4th transaction in the Retail sector.
  • This is GrowGeneration’s 7th transaction in the United States.
  • This is GrowGeneration’s 1st transaction in Nevada.

M&A Deal Summary
Date 2019-02-11
Target Reno Hydroponics
Sector Retail
Buyer(s) GrowGeneration
Deal Type Add-on Acquisition

Target

Reno Hydroponics

Reno, Nevada, United States
Reno Hydroponics is an owner and operates of specialty retail that includes dispensaries, cultivation facilities, and product testing labs. Reno Hydroponics is based in Reno, Nevada.

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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 7 of 29
Sector (Retail) 4 of 20
Type (Add-on Acquisition) 7 of 29
State (Nevada) 1 of 1
Country (United States) 7 of 29
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 Palm Springs Hydroponics & Organics

Palm Springs, California, United States

Palm Springs Hydroponics & Organics specializes in horticulture, indoor and outdoor gardening, hydroponic equipment, growing information, etc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-26 Healthy Harvest

Pembroke Pines, Florida, United States

Healthy Harvest is the largest hydroponic operation in the Southeast region. With over 15,000 sq. ft. of warehouse and retail space, Healthy Harvest is servicing growers in Florida, Puerto Rico, Caribbean, and South America.

Buy -
Mergr

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