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Partnership will put Grove “in an even stronger position as we explore consolidation opportunities,” said CEO Stuart Landesberg.
November 15, 2022
By: Christine Esposito
Editor-in-Chief
Grove Collaborative Holdings, Inc. has entered into a strategic partnership with HumanCo Investments, a subsidiary of HumanCo, a health and wellness holding company. HumanCo and Grove are partnering with the intention of finding one or more scale, synergistic M&A opportunities which HumanCo would have an opportunity to fund with up to $100 million of new capital. HumanCo will became an investor in Grove through a private investment in a public equity (PIPE) transaction, according to G...
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