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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