Jonathan Sprouts Acquires The Sproutman

Neptune Wellness Solutions Acquires Controlling Interest in Sprout Foods

February 10, 2021

Food & Beverage

Neptune Wellness Solutions acquired a 50.1% controlling interest in Sprout Foods (Sprout Organics) from investment funds managed by Morgan Stanley Expansion Capital, with MSEC becoming a major shareholder in Neptune. The deal includes $6M cash, ~6.74M Neptune shares (~$12M), and Neptune guaranteeing a $10M Sprout note; Neptune will operate Sprout as a subsidiary to accelerate growth across retail and e-commerce channels.

S. Thorogood & Sons Acquires Mushroom Man

October 11, 2021

Food & Beverage

Essex-based wholesaler S. Thorogood & Sons has acquired Mushroom Man from founder Michael Hyams for £1.2 million. The deal brings a dedicated mushroom supplier and its specialist capabilities into Thorogood’s wholesale group as Hyams retires and existing managers remain to run the business within the group.

Sprouts Farmers Market Acquires Two Licensed Stores in Chula Vista, California

March 20, 2023

Retail

Sprouts Farmers Market, Inc. acquired two independently owned, licensed Sprouts stores in Chula Vista, California, bringing the locations under company control. The move gives Sprouts full control of the brand at those locations and supports expansion in the San Diego/Southern California market.

Garden Trends Inc Acquires HopsHarvester

February 2, 2021

Agriculture

Garden Trends Inc, parent company of Harris Seeds, has acquired HopsHarvester, a small manufacturer of hop-harvesting machinery and commercial dryers. The acquisition brings the Hopster Harvester and related products into Garden Trends' family of brands to expand its capabilities and better support commercial and hobby growers.

Sprout Social Acquires Tagger Media

August 3, 2023

Cloud & SaaS

Sprout Social acquired Tagger Media, a leading influencer marketing and social intelligence SaaS platform, for $140 million in cash in a transaction that closed August 2, 2023. The acquisition expands Sprout’s social media management suite into influencer marketing, enabling unified workflows, reporting and social intelligence for brands and agencies.

Green Boy Group Acquires Sweet Nature Inc.

January 22, 2020

Food & Beverage

Green Boy Group Inc. has acquired the business of Sweet Nature Inc., an importer and distributor of specialty non-GMO and organic syrups based in Ontario, California. The acquisition expands Green Boy’s value-added liquid sweetener ingredient offering and strengthens its footprint in the North American natural and organic food market.