Key Takeaways
- GrowUp Group Limited has sold its entire shareholding in GrowUp Farms to Sun Capital through a pre-packaged transaction.
- The sale follows difficulties securing new capital in a challenging controlled environment agriculture investment landscape.
- GrowUp Farms’ operations and 83 employees remain unaffected and will continue under new ownership.
- Twelve GrowUp Group employees transferred to the buyer, while 30 roles were made redundant.
- The transaction includes the transfer of the GrowUp Farms brand, intellectual property, and related assets.
GrowUp Farms Transaction Follows Capital Constraints at Group Level
GrowUp Group Limited has completed the sale of its entire shareholding in GrowUp Farms, a UK-based vertical farming business, to Sun Capital Limited via a pre-packaged administration process. The transaction was executed immediately after the appointment of joint administrators on 16 December 2025.
The group was established to build and scale GrowUp Farms and had been working with advisers to explore investment options to support continued growth. According to the company, no capital-raising solutions were secured that could support the business’s immediate needs. This decision reflects broader capital constraints across the controlled environment agriculture (CEA) sector, particularly for asset-intensive vertical farming models.
Administration Process and Sale Structure Involving GrowUp Farms
Appointment of Joint Administrators
Richard Harrison and Ryan Grant of Interpath were appointed Joint Administrators to GrowUp Group Limited on 16 December 2025. Immediately following their appointment, the administrators completed the sale of GrowUp Farms and certain assets of the Group to Sycamore Midco 2 Limited, a newly incorporated company backed by Sun Capital.
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