GrowGeneration Acquires Grassroots Hydroponics

GrowGeneration Acquires Commercial Grow Supply

August 24, 2021

Retail

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.

GrowGeneration Corp. Acquires HGS Hydro

July 28, 2021

Retail

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.

GrowGeneration Corp. Acquires Downriver Hydroponics

April 20, 2021

Retail

GrowGeneration Corp. (NASDAQ: GRWG) has acquired Downriver Hydroponics, a Michigan-based indoor garden supply center in Wayne County with annual revenues approaching $10 million. Owner Scott Brownlie and his team will remain with GrowGen to operate the location as the company expands its Michigan footprint and retail network.

GrowGeneration Acquires San Diego Hydroponics & Organics

February 23, 2021

Retail

GrowGeneration Corp. (GrowGen) acquired San Diego Hydroponics & Organics, a four-store chain of hydroponic, organic and aquaponics garden centers in San Diego County, California. The acquisition adds roughly 20 employees and more than 20,000 square feet of retail space to GrowGen’s nationwide footprint, bringing the company to 50 stores and expanding its presence in Southern California.

GrowGeneration Acquires Indoor Garden & Lighting

January 26, 2021

Retail

GrowGeneration Corp. (NASDAQ: GRWG) acquired Indoor Garden & Lighting, a two-store hydroponic equipment and indoor gardening supply chain serving the Seattle–Tacoma area. The deal expands GrowGen's Pacific Northwest footprint, consolidates its existing Seattle operation into the acquired stores, and brings the company closer to Tacoma's commercial growers.

GrowGeneration Acquires The GrowBiz

November 17, 2020

Retail

GrowGeneration Corp. completed the acquisition of The GrowBiz, a five-store chain of hydroponic garden centers operating in California and Oregon. The deal expands GrowGeneration’s retail footprint to 36 stores, adds approximately $50 million in annual revenue and additional experienced personnel to the company’s operations.