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Announced

Riverside-backed Toolport to acquire GFP.

Synopsis

Riverside-backed Toolport, a developer & wholesaler of tents, agreed to acquire GFP, an online provider of greenhouses. Financial terms were not disclosed. "The acquisition of GFP marks a significant strategic step for Toolport, increasing the company’s addressable market and serving as a blueprint for further inorganic growth through add-on acquisitions. Toolport and GFP together face an exciting future and we believe a lot of untapped growth potential ahead," Peter Schaberger, Riverside Partner.

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