Add-on Acquisition • E-Commerce

GrowGeneration Acquires Seattle Hydro Spot

On May 23, 2017, GrowGeneration acquired e-commerce company Seattle Hydro Spot

Acquisition Context
  • This is GrowGeneration’s 1st transaction in the E-Commerce sector.
  • This is GrowGeneration’s 2nd transaction in the United States.
  • This is GrowGeneration’s 1st transaction in Washington.

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M&A Deal Summary

Date May 23, 2017
Target Seattle Hydro Spot
Sector E-Commerce
Buyer(s) GrowGeneration
Deal Type Add-on Acquisition

Target Company

Seattle Hydro Spot

Seattle, Washington, United States
Seattle Hydro Spot is a provider of an online portal for indoor hydroponic gardening advice, supplies, grow lights and nutrients. Seattle Hydro Spot is based in Seattle, Washington.
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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 2 of 30
Sector: E-Commerce 1 of 5
Type: Add-on Acquisition 2 of 30
State: Washington 1 of 3
Country: United States 2 of 30
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-15 Sonoma Hydro

Santa Rosa, California, United States

Sonoma Hydro is one of the original hydroponic stores in what is known as the Emerald Triangle, will serve as a retail and warehouse location servicing the growing number of both commercial and home growers in the Northern California market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-16 Superior Growers Supply

Lansing, Michigan, United States

Superior Growers Supply, Inc. is a retail hydroponic and indoor gardening supply merchants. Superior Growers Supply is based in Lansing, Michigan.

Buy -