WEST DES MOINES, Iowa – Midwest Growth Partners ("MGP"), a West Des Moines, Iowa and Omaha, Nebraska-based private equity fund, is pleased to announce that it has capitalized Canoyer Garden Center ("Canoyer" or the "Company"), in support of its acquisition of Stewart's Greenhouse ("Stewart's").
Canoyer is a grower and retailer of premium flowers, plants, shrubs, and vegetables. The Company is led by Kyle Canoyer, a second-generation Iowa grower and greenhouse operator. Kyle started the Grimes, Iowa-based Canoyer Garden Center in 2003 and has since grown the business to include three greenhouse growing facilities and two retail locations.
Stewart’s is a grower and wholesaler of tropical indoor plants based in Mount Dora, Florida. “Partnering with MGP gives us the resources to vertically integrate the Canoyer operation, so we can continue to provide the highest quality products our customers have come to expect,” said Kyle.
“MGP is excited to be partnering with Kyle and his family as they continue to grow the business. Kyle has a proven track record of building and integrating new locations, and we look forward to supporting his vision going forward," said John Mickelson, Managing Partner of MGP.
For more information on Canoyer, please visit canoyergardencenter.com.