Grays Peak Capital Announces IPO of Portfolio Company
NEW YORK, NY (December 16, 2020) — Grays Peak Capital, a Global Investment Firm, announced the successful listing of portfolio company, Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) on the NASDAQ stock exchange as of December 10, 2020. This marks the fifth portfolio company to successfully list on a public exchange.
Founded in 1977, Hydrofarm is a leader in indoor and sustainable growing and manufactures hydroponics equipment and supplies, including indoor grow lights, sediment filters, flood tables and benches, as well as pots for growing smaller plants. Its products are used to grow and cultivate flowers, fruits, plants, and vegetables. Hydroponics is the farming of plants without soil, but often using artificial lighting, in a controlled indoor or greenhouse environment.
“Grays Peak continues to invest in leading companies that are leveraging disruptive business models in high growth areas such as Agricultural Technology (AgTech) and Sustainable Farming. We continue to see industries being disrupted by new entrants who have differentiation in how they operate and take advantage of technology. Consumer, Technology and Biotech continue to be an area of focus and growth for the firm.“ stated Scott Stevens, Founder of Grays Peak Capital.
About Grays Peak Capital
Grays Peak Capital (www.grayspeakcapital.com) is a global investment firm that manages assets focused on the public market, private equity, real estate and credit. The firm is focused on identifying emerging business trends and technologies across a variety of industries. The firm endeavors to invest in companies that are creating innovation and disruption within their respective industry. Our portfolio includes multinational brands that have created value by disrupting industries and embracing technology led innovation.
Email: email@example.com or IR@grayspeakcapital.com
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SOURCE: Grays Peak Capital