Agriculture Acquisitions in Colorado

Seedbox Solution, a portfolio company of Granite Creek Capital Partners, has merged with Trace Engineering, a Colorado-based hardware and software engineering firm. The transaction brings Trace’s engineering capabilities in-house to accelerate development of Seedbox’s BOXIQ IoT monitoring platform and expand Seedbox’s technology-driven offerings for the seed industry and adjacent markets.

Hydrobuilder Holdings LLC, an omnichannel platform serving the hydroponics, controlled-environment agriculture (CEA) and specialty agriculture market, acquired Way to Grow, a Colorado-based retailer of aeroponic, hydroponic and greenhouse products. The deal adds five retail locations in Colorado to Hydrobuilder's portfolio and expands the platform's geographic and retail footprint.

GrowGeneration Corp. acquired Agron.io, a Denver-based B2B wholesale agriculture platform that provides ERP, real-time inventory and logistics tools for commercial growers. The acquisition expands GrowGeneration's commercial services and e-commerce capabilities to better serve large commercial and multi-state operator growers.

Kadenwood's EcoGen Biosciences has acquired Colorado-based hemp processor General Processing LLC, adding a 50,000-square-foot production campus in Delta, Colorado and 165 acres of farming land. The deal expands EcoGen's production capacity, brings proprietary sustainable processing IP and advances cGMP (21 CFR Part 111) certification to support domestic and international supply of hemp-derived ingredients and finished products.

Market Maker Agriculture, a long-term hold private equity company based in Ottawa, has acquired a majority stake in Arkansas Valley Seed, a Denver-based seed supplier founded in 1945. The transaction provides capital and governance support to finance growth while enabling the principals to plan succession; Arkansas Valley CEO Richard Avila will remain in his role and owner Orlin Reinbold will retain a minority equity position and move into a consulting role.