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Green Life Farms Completes Acquisition Of Finn Farms

Sep 27, 2021•almost 4 years ago

Acquiring Company

Green Life Farms

Acquired Company

Green Life Farms

Description

Green Life Farms has completed its purchase of Finn Farms, a hydroponic grower located on Florida’s West Coast. Green Life Farms now owns 100% of the shares of Finn Farms, including all site and equipment assets, intellectual property, and licensing rights. Green Life Farms currently operates a hydroponic greenhouse in Lake Worth, FL, with its third of 13 planned locations currently under construction in Lake City, FL. The Finn Farms location expands Green Life Farms’ growing and sales footprint into Southwest Florida.

Company Information

Company

Green Life Farms

About

Green Life Farms operates a 100,000 square foot state-of-the-art hydroponic greenhouse in Lake Worth Florida, with 12 additional facilities in construction or development, for a total of 5.2 million square feet of greenhouses planned. By incorporating agriculture with technology, Green Life Farms provides consumers with premium-quality, fresh, local, flavorful and clean leafy greens that are good for their bodies, families, communities and planet – year-round. For more information about Green Life Farms, visit GreenLifeFarms.ag.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed