Serruya Private Equity leads investment in Hydrofarm
Hydrofarm LLC, a U.S. wholesaler and manufacturer of hydroponics equipment and horticultural products, has secured an undisclosed equity investment. The deal was led by Canadian family office Serruya Private Equity and joined by Hawthorn Equity Partners, a Canadian private equity firm, and Broadband Capital Investments, a U.S. family office sponsor. Petaluma, California-based Hydroponics said the investment will support its expansion in the global hydroponics market, which is expected to reach US$27.33 billion in value by 2020. The company's growth plan will include acquisitions of complementary assets.
10 July 2017•3 mins read
