Hydrobuilder Holdings Acquires Way to Grow

Hydrobuilder Holdings Acquires New England Hydroponics

January 4, 2022

Retail

Hydrobuilder Holdings LLC acquired New England Hydroponics, adding five retail locations and warehouse capacity in Massachusetts and Maine and marking Hydrobuilder’s entry into the Northeastern U.S. The acquisition expands Hydrobuilder’s omnichannel footprint to 22 retail locations and 9 warehouses and is intended to accelerate growth in the Commercial and retail CEA (controlled-environment agriculture) markets.

GrowGeneration Acquires Grow Warehouse

February 16, 2021

Retail

GrowGeneration Corp. acquired Grow Warehouse, a four-store hydroponic and organic garden center chain operating in Colorado and Oklahoma. The deal adds roughly 35,000 square feet, a team of 50+ cultivation professionals and about $20 million in annual revenue, bringing GrowGeneration's store count to 46 and expanding its Colorado and Oklahoma footprint.

Hydrobuilder Holdings Acquires Elevated Equipment Supply

February 25, 2021

Agriculture

Hydrobuilder Holdings LLC, a PE-backed omni-channel retailer of hydroponics and specialty agriculture supplies, has acquired Elevated Equipment Supply, a Los Angeles-based commercial hydroponic superstore and distribution center. The acquisition expands Hydrobuilder's distribution footprint and commercial capabilities, adding approximately 75,000 square feet of warehouse space to its omni-channel platform.

GrowGeneration Acquires Aquarius Hydroponics

March 17, 2021

Retail

GrowGeneration Corp. has acquired Aquarius Hydroponics, a hydroponics and garden supply retailer based in Agawam, Massachusetts. The deal gives GrowGeneration its first location in Massachusetts and adds Aquarius's ~14,600 sq. ft. store and 10 employees to GrowGen's growing network of specialty hydroponic garden centers.

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 Acquires Assets of H2O Hydroponics (Lansing, MI)

June 17, 2020

Retail

GrowGeneration Corp. purchased substantially all assets of H2O Hydroponics, LLC to open a new 15,000 sq. ft. super hydroponic garden center in Lansing, Michigan that will operate as a retail/commercial location and fulfillment center. The acquisition expands GrowGeneration’s Michigan footprint and supply-chain capabilities; management expects the consolidated Lansing location to generate over $7.0 million in sales (H2O reported ~ $4.0 million in 2019).