M&A Deal Summary

urban-gro Acquires MJ12 Design Studio

On June 29, 2021, urban-gro acquired engineering company MJ12 Design Studio

Acquisition Highlights
  • This is urban-gro’s 1st transaction in the Engineering sector.
  • This is urban-gro’s 1st transaction in the United States.
  • This is urban-gro’s 1st transaction in Colorado.

M&A Deal Summary
Date 2021-06-29
Target MJ12 Design Studio
Sector Engineering
Buyer(s) urban-gro
Deal Type Add-on Acquisition

Target

MJ12 Design Studio

Centennial, Colorado, United States
MJ12 Design Studio offers full design services addressing cultivation, processing, manufacturing, operations, and retail dispensaries for the cannabis industry. The company is a cannabis architect expert in a variety of applications supporting cannabis facility design, including new warehouse facility design for full indoor cultivation, processing, and operations, a combination of warehouse and commercial greenhouse, interior build-out and/or renovation of existing warehouse facilities serving all aspects of cultivation and support functions, and head-house designs supporting indoor and outdoor cultivation. MJ12 Design Studio was formed in 2014 and is based in Centennial, Colorado.

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Buyer(S) 1

Buyer

urban-gro

Lafayette, Colorado, United States
Category Company
Founded 2014
Sector Engineering
Employees47
Revenue 72M USD (2023)
DESCRIPTION

urban-gro provides engineering design services for Controlled Environment Agriculture facilities and integrates complex environmental equipment systems into these high-performance facilities. urban-gro was formed in 2014 and is based in Lafayette, Colorado.

DEAL STATS #
Overall 1 of 3
Sector (Engineering) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Colorado) 1 of 2
Country (United States) 1 of 3
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Emerald C.M.

Centennial, Colorado, United States

Emerald C.M. is a construction management firm providing comprehensive construction and supervisory services, from initial design through final build-out. As a design-build services provider, the company has built a solid reputation with its clients and a network of reliable architects, engineers, subcontractors, and vendors. It specializes in providing full-service design-build and construction management services and serves as a single point of responsibility for all its clients’ construction needs. Emerald C.M. is based in Centennial, Colorado.

Buy $7M
Mergr

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