GrowGeneration Corp. Acquires HGS Hydro
July 28, 2021
GrowGeneration Corp. signed an asset purchase agreement to acquire HGS Hydro, the third-largest chain of hydroponic garden centers in the U.S., adding six existing Michigan stores (with a seventh opening soon). The acquisition will increase GrowGeneration's Michigan footprint and bring its total store count to 65, and is expected to close before GrowGeneration's fiscal year-end 2021.
- Buyers
- GrowGeneration Corp.
- Targets
- HGS Hydro
- Industry
- Retail
- Location
- Michigan, United States
- Transaction Type
- Buyout
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