TreeSap Farms, a Houston-based company that does business as Everde Growers (and was #9 on Greenhouse Grower’s 2024 Top 100 Growers list with 5.8 million square feet of controlled-environment production), filed for Chapter 11 bankruptcy this week.
According to a post on Bondoro.com, which provides alerts and comprehensive summaries of Chapter 11 bankruptcy cases with liabilities exceeding $10 million, Everde Growers filed for Chapter 11 bankruptcy amid operational challenges from extreme weather impacts and failed refinancing efforts, with plans to sell its assets.
Everde specializes in shade trees, shrubs, and ornamental plants. The company owns or operates 15 farms across California, Texas, Florida, and Oregon, spanning more than 6,700 acres of production. TreeSap also maintains a West Coast office in Orange, CA.
The company grows more than 33 million plants annually, serving a diverse customer base that includes retail consumers, landscape contractors, and landscape architects. Its portfolio features 5,000+ plant varieties across 15 categories, with more than 70% of revenue derived from shrub evergreen, tree evergreen, edible, and tree deciduous plants.
Watch GreenhouseGrower.com for updates, and learn more about Everde Growers here.
