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Announced

Completed

Artemis Growth Partners completed the acquisition of Bridge Farm Group from Sundial for $90m.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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agriculture

herbs

Acquisition

Friendly

Private

flowers

Majority

Single Bidder

ornamental plants

Farming Fishing Ranching and Plantations

United Kingdom

Mbo

Private Equity

Cross Border

Completed

Synopsis

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Artemis Growth Partners, a private investment firm, and the former management of Bridge Farm, completed the acquisition of Bridge Farm Group, a producer of ornamental plants, flowers and herbs from Sundial Growers, a cannabis grower for $90m. “We are delighted to close this deal and bring Bridge Farm back to independent ownership. The Company is the UK’s leading producer of ornamental plant, flowers and herbs and has been operating for over 30 years, led by a proven and award-winning management team. This transaction will allow the Company to continue to focus on growing its health and wellness products and provide the very best branded plant-based medicinal offerings in the market,” David Ball, Artemis Growth Partners Operating Partner and Senior Advisor.

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