MOUNT VERNON, Wash. — The flower farm that played an integral role in the founding of the Skagit Valley Tulip Festival has a new owner.

According to the Skagit Valley Herald, Tulip Town has been for sale since 2017.

Skagit-County-based venture capital company Spinach Bus Ventures purchased the thirty-acre farm on Monday.

The company, made up of five former classmates at Mount Vernon High School, says they will continue focusing on the tulip bulb business while exploring options to bring visitors to the farm year-round.