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New Deal


Announced

GrowGeneration to acquire Canopy Crop Management.

Financials

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

Tags

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United States

silicic acid

crop management

Private

Pending

Farming Fishing Ranching and Plantations

Acquisition

Friendly

Majority

Domestic

Single Bidder

Synopsis

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GrowGeneration, a chain of specialty hydroponic and organic garden centers, agreed to acquire Canopy Crop Management, a crop management solutions provider. Financial terms were not disclosed. "I started Canopy Crop Management with the goal of providing the highest-quality formulations, and I'm fortunate to find a partner like GrowGen, one of the most trusted names in hydroponic and organic gardening. I look forward to creating new and innovative silicic acid formulas and organic pesticides and fungicides that are much more cost effective than what is currently on the market," Rex Gill, Canopy Crop Management CEO.

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