Armory Securities, LLC is pleased to announce the successful closing of a $30M sale-leaseback of Everde Growers (TYFCO, LLC) Southeast facilities in Texas and Florida. Armory served as exclusive investment banker and placement agent for the transaction.
Everde Growers (or “The Company”) is one of the foremost horticultural producers nationwide, specializing in growing a diverse range of shade trees, shrubs and ornamental plants. The Company is headquartered in Houston, TX and operates a coast-to-coast operation of 14 farms totaling more than 6,700 acres across Texas, Florida, California, and Oregon. The Company produces over 33 million plants annually and has 5,000 unique plant selections to major retail customers, landscape contractors, and re-wholesalers.
Everde Growers retained Armory Securities, LLC as its exclusive investment banker and placement agent for a sale-leaseback transaction of the Company’s Southeast facilities in Texas and Florida. Armory sourced and structured the $30M sale-leaseback to pay off the existing $20M Real Estate Bridge Loan and pay down the Company’s Revolver, reducing overall interest expense and improving the capital structure. The sale-leaseback was provided by an institutional REIT and closed on April 2nd, 2026.
For information on this transaction or about Armory Securities, please contact one of the following deal team members:
Doug McDonald
Senior Managing Director
dmcdonald@armorysecurities.com
310.721.2671
Ron Papile
Director
rpapile@armorysecurities.com
818.967.6480
Kevin Tu
Analyst
ktu@armorysecurities.com
949.861.1727
Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC