GrowGeneration Acquires Commercial Grow Supply

August 24, 2021

GrowGeneration Corp. (NASDAQ: GRWG) has acquired Commercial Grow Supply, a hydroponic superstore in Santa Clarita, California, founded in 2011 by Sevan Derohanian. The acquisition (Commercial Grow Supply had annual revenue near $10 million) expands GrowGeneration’s footprint in Southern California and increases its California store count to 22 as the company continues to scale its national retail network.

Buyers
GrowGeneration Corp.
Targets
Commercial Grow Supply
Industry
Retail
Location
California, United States
Transaction Type
Buyout

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