urban-gro Acquires MJ12 Design Studio and 2WR+ Partners

urban-gro, Inc. Acquires Emerald Construction Management, Inc.

March 14, 2022

Construction

urban-gro, Inc. signed a definitive agreement to acquire Emerald Construction Management, Inc., a 37-year-old Colorado-based design-build and construction management firm headquartered in Centennial, Colorado. The transaction consideration is $7.0 million (including up to $2.0 million contingent earnout), funded with $2.5 million cash and up to $4.5 million in equity; Emerald C.M. reported expected 2021 revenue of $26.5 million and adjusted EBITDA of $1.2 million, and the acquisition is expected to be immediately accretive in 2022. The deal adds in-house turn-key design-build capabilities to urban-gro's global indoor Controlled Environment Agriculture (CEA) service offerings.

urban-gro Acquires Substantially All Assets of Dawson Van Orden (DVO)

November 1, 2022

Engineering Services

urban-gro, Inc. (Nasdaq: UGRO) completed an asset acquisition of substantially all of the assets of Dawson Van Orden, Inc. (DVO), a Texas-based engineering firm, effective November 1, 2022. The transaction (final purchase price of $6.1 million plus potential contingent consideration) expands urban-gro's CEA and industrial engineering capabilities, adding new clients, contracts and technical depth.

GrowGeneration Acquires Grassroots Hydroponics

December 15, 2020

Retail

GrowGeneration Corp. (NASDAQ: GRWG) acquired Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Southern California (Anza, Lake Elsinore and Murrieta). The acquisition expands GrowGeneration's California footprint to 13 stores and its national retail footprint to 39 locations, adding a high-volume, revenue-generating presence in the Southern California cultivation market.

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 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.

Universal Music Group Acquires Ingrooves Music Group

February 12, 2019

Media & Entertainment

Universal Music Group (UMG) agreed to acquire the remaining shares of Ingrooves Music Group, taking full ownership of the independent music distribution and marketing company while retaining Bob Roback as CEO. UMG said the deal will expand Ingrooves' geographic reach and service capabilities for independent artists and labels and will create a strategic partnership between UMG’s Caroline International and Ingrooves to enhance global distribution and marketing services.