Sunlight Supply, Inc.
A complex transaction in a SHORT time
Deals vary; a typical timeline for a sale starts at six months.
Sunlight Supply, Vancouver, WA, was not typical.
Their suitor, Scotts Miracle-Gro (NYSE SMG) required speed.
Sunlight Supply enlisted Orca to bring order, discipline and structure to a complex and fast-moving situation. Orca quickly garnered and coordinated all available resources to complete the transaction while optimizing value.
From start to close, the $450 million deal took less than four months.
Sunlight Supply is the largest hydroponics products distributor in the United States. Among the many benefits of the transaction, Hawthorne will possess the most technologically advanced supply chain in the hydroponic supply.
Orca’s experience with both public and private complex transactions enabled them to effectively guide Sunlight Supply through negotiation and close.
The sale was one of the largest in Clark County history.