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Hydrofarm Holdings Continues Acquisition Spree With $58M Purchase Of Innovative Growers Equipment, Reports Q3 2021 Preliminary Unaudited Financials
Tuesday, October 26, 2021 - 8:20am | 739Cannabis-focused hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) has entered into an agreement to acquire Illinois-based Innovative Growers Equipment Inc., a manufacturer of horticulture benches, racking and LED lighting systems. The Deal Details Under the...
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Hydrofarm Holdings Q2 Revenue Jumps 46.7% YoY To $133.8M, Raises Full Year Guidance Based On Important Acquisitions
Friday, August 13, 2021 - 9:31am | 676Hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM), announced its second-quarter financial results Thursday with net sales of $133.8 million, missing Seeking Alpha's estimates by $2.2 million. The revenue improved 46.7% year-over-year. Second Quarter...
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Hydrofarm Holdings Continues Buying Spree With $83M Purchase Of Greenstar Plant Products
Wednesday, August 4, 2021 - 8:33am | 583Hydroponics equipment producer Hydrofarm Holdings Group (NASDAQ: HYFM) confirmed Tuesday it has acquired a Canadian nutrient business Greenstar Plant Products, Inc. for $83 million. What happened Hydrofarm funded the purchase price of $83 million for the...
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Hydrofarm To Acquire House & Garden For $125M As Part Of Its Expanding Acquisition Strategy
Tuesday, May 25, 2021 - 1:22pm | 547Hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) announced Monday it will buy a producer of quality nutrients, House & Garden, for around $125 million. The news comes on the heels of Hydrofarms’ recent purchase of another nutrient producer – HEAVY 16...
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Hydroponics Producer Hydrofarm Prices $269M Offering Lead By JPMorgan, Stifel
Friday, April 30, 2021 - 5:01pm | 385The ancillary cannabis company Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM), announced Wednesday that it priced an underwritten public offering of 4.81 million of its shares at a price of $59 per share to collect roughly $269.3 million. The lead book-running managers for the...