Backyard Discovery

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Backyard Discovery - overview

Established

2007

Location

Pittsburg, KS, US

Primary Industry

Consumer Products

About

Backyard Discovery is a leading manufacturer of outdoor structures and furniture, enhancing outdoor living experiences with its quality products and innovative designs. Founded in 2007 and headquartered in Pittsburg, US, Backyard Discovery specializes in creating outdoor products that enhance leisure spaces. The company has not undergone significant changes in its business model or structure since its inception. It has completed two notable investment deals, with the most recent occurring on August 31, 2015, when Baird Capital Partners sold its stake to Aterian Investment Partners.


Backyard Discovery specializes in outdoor home decor and furniture, offering a diverse range of products designed to enhance outdoor living spaces. Their core offerings include swing sets, gazebos, pergolas, outdoor kitchens, greenhouses, and various outdoor accessories. Each product is engineered for durability and aesthetic appeal, aiming to provide customers with practical solutions for leisure and gardening. Backyard Discovery serves a broad customer base, including families, gardening enthusiasts, and homeowners, and primarily markets its products across North America, including the United States and Canada.


Revenue generation at Backyard Discovery occurs mainly through direct-to-consumer sales via their website and select retailers. The premium quality of their products is reflected in their pricing, with flagship items like the Lancaster Gazebo and Emory Outdoor Kitchen Island commanding higher price points. Sales transactions typically involve one-time purchases, complemented by discounted bundles and seasonal promotions to drive sales. The company emphasizes free shipping on all orders and exclusive deals for first-time buyers to attract new customers while maintaining engagement with existing ones.


Backyard Discovery plans to expand its product line with new outdoor structures designed for diverse customer needs, with potential launches slated for late 2023. The company aims to enter additional markets in Europe and Australia by 2024, broadening its international presence. The most recent funding round in August 2015 facilitated the sale of a stake to Aterian Investment Partners, enabling strategic investments in product development and market expansion.


Current Investors

Aterian Investment Partners

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods

Website

www.backyarddiscovery.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Backyard Discovery - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedThe Step2 Company-
Secondary BuyoutCompletedBackyard Discovery-
Add-onCompletedGo Configure, LLC-
Add-onCompletedClassic Manor Builders-
Add-onCompletedSheds USA-

Displaying 1 - 5 of 6

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.