Serruya Private Equity Participates in Hydrofarm's $55 Million Equity Financing

Industrials · United States · $55 million

Hydrofarm Holdings Group completed a $55 million equity financing on November 1, 2018, with follow-on participation from Serruya Private Equity, Hawthorn Equity Partners and affiliates of Broadband Capital Investments alongside new strategic and institutional investors, funding organic growth and acquisitions ahead of the company's December 2020 IPO. SPE had first invested in Hydrofarm in July 2017.