M&A Deal Summary

Northwest Horticulture Acquires Skagit Gardens

On July 14, 2016, Northwest Horticulture acquired agriculture company Skagit Gardens

Acquisition Highlights
  • This is Northwest Horticulture’s 1st transaction in the Agriculture sector.
  • This is Northwest Horticulture’s 1st transaction in the United States.
  • This is Northwest Horticulture’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-07-14
Target Skagit Gardens
Sector Agriculture
Buyer(s) Northwest Horticulture
Deal Type Special Situations/Distressed

Target

Skagit Gardens

Mount Vernon, Washington, United States
Skagit Gardens was founded by Jim and Ruth Youngsman. In 1967 they built their first 20' x 150' greenhouse and the rest is history. Skagit gardens is a large wholesale nursery, Skagit Gardens (rhymes with gadget) is located in Mount Vernon, Washington. Most of the time the weather is mild, with cool nights even in summer, but the winter temperatures drop enough to vernalize the perennials, assuring first-season bloom.

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Buyer(S) 1

Buyer

Northwest Horticulture

Mabton, Washington, United States
Category Company
Founded 2001
Sector Agriculture
DESCRIPTION

Northwest Horticulture is a national producer of plugs of groundcovers, roses and perennials. The Company was formed in 2001 and is headquartered in Mabton, Washington.

DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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