{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-129956","form_type":"8-K","ticker":"HYFM","cik":"0001695295","company_name":"HYDROFARM HOLDINGS GROUP, INC.","filed_at":"2021-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.722223+00:00","generated_at":"2026-06-28T18:04:36.637487+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hydrofarm acquires IGE for $58M; preliminary Q3 sales ~$122.5M, raises FY2021 guidance","bullets":["Acquires Innovative Growers Equipment (IGE) for ~$58M (cash+stock); IGE expected $48M sales in 2021; ~7x EBITDA multiple.","New $125M term loan (LIBOR+5.5%, 1% floor, matures Oct 2028) funds cash portion of IGE and general corporate purposes.","Preliminary Q3 net sales $121-124M (+27% YoY), Adj EBITDA $14.4-16.4M (+108% YoY), net income $13.3-18.3M.","Updated FY2021 outlook: net sales $470-490M (37-43% growth), Adj EBITDA $47-53M (10-11% of sales).","Cites headwinds from cannabis oversupply in CA/Canada; expects improvement as new legal states ramp up."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-129956","json":"https://secwatch.observer/filing/0001104659-21-129956.json","markdown":"https://secwatch.observer/filing/0001104659-21-129956.md","text":"https://secwatch.observer/filing/0001104659-21-129956.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1695295/000110465921129956/0001104659-21-129956-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1695295/000110465921129956/tm2130947d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T18:04:36.637487+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}