18
Oct
Phoenix-based Moon Valley Nurseries secures $775 million in new financing to fuel expansion
Moon Valley Nurseries, a Phoenix-based tree and shrub nursery, has secured $775 million in new financing from Stonecourt Capital LP, a New York City-based private investment firm.
The new funding is a combination of equity and debt, and the money will be used to fuel the nursery’s expansion into new markets and assist with acquisitions in the future, Stonecourt partner Rick Davis said.
Moon Valley Nurseries was started in (and borrowed the name of) the Moon Valley neighborhood of Phoenix and…
Source: Arizona Business Journal
