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Growgeneration Acquires Washington-Based Hoagtech Hydroponics, Expands Footprint In Pacific Northwest

PUBLIC · GRWGAug 23, 2021

Acquiring Company

GrowGeneration Corp.

Acquired Company

Washington-Based Hoagtech Hydroponics

Greenwood VillageCommerce and ShoppingRetailLocation Based Services

Description

GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced the acquisition of Hoagtech Hydroponics, a leading hydroponic equipment and indoor gardening store, serving the Bellingham, Washington area. This acquisition brings the total number of GrowGen hydroponic garden centers nationwide to 59 stores.

Quick answer

GrowGeneration Corp. is acquiring Washington-Based Hoagtech Hydroponics, announced August 23, 2021. GrowGeneration Corp. is based in Greenwood Village, Colorado, United States.

How much did GrowGeneration Corp. pay for Washington-Based Hoagtech Hydroponics?
The deal value was not disclosed.
What does GrowGeneration Corp. do?
GrowGen owns and operates specialty retail hydroponic and organic gardening centers.
Where are GrowGeneration Corp. and Washington-Based Hoagtech Hydroponics based?
GrowGeneration Corp. is based in Greenwood Village, Colorado, United States.

Source: Fundz verified event record.

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Company Information

Company

GrowGeneration Corp.

Location

1000 WEST MISSISSIPPI AVENUE

Greenwood Village, Colorado, United States

About

GrowGen owns and operates specialty retail hydroponic and organic gardening centers. Currently, GrowGen has 59 stores across 15 states, which include 22 locations in California, 6 locations in Colorado, 6 locations in Michigan, 5 locations in Maine, 5 locations in Oklahoma, 4 locations in Oregon, 3 locations in Washington, 1 location in Arizona, 1 location in Florida, 1 location in Massachusetts, 1 location in Mississippi, 1 location in Missouri, 1 location in New Mexico, 1 location in Rhode Island, and 1 location in Virginia. GrowGen also operates an online superstore for cultivators at growgeneration.com. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.

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Frequently asked

Who acquired Washington-Based Hoagtech Hydroponics?

Washington-Based Hoagtech Hydroponics was acquired by GrowGeneration Corp., based in Greenwood Village. The deal was reported on August 23, 2021. GrowGen owns and operates specialty retail hydroponic and organic gardening centers. GrowGeneration Corp. is publicly traded (GRWG) and operates in Commerce and Shopping.

When did GrowGeneration Corp. acquire Washington-Based Hoagtech Hydroponics?

GrowGeneration Corp.'s acquisition of Washington-Based Hoagtech Hydroponics was reported on August 23, 2021. GrowGeneration Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Washington-Based Hoagtech Hydroponics do?

Washington-Based Hoagtech Hydroponics is the company acquired in this transaction. It is privately held.

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