Evergreen Garden Care
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Evergreen Garden Care - overview
Established
2017
Location
Sydney, NSW, Australia
Primary Industry
Agribusiness
About
Based in Australia, Evergreen Garden Care specializes in providing high-quality gardening products and solutions, catering to both residential and professional gardening needs through a diverse product range. Evergreen Garden Care is focused on delivering gardening solutions and was founded in 2017 in Sydney, Australia. The company became the result of a strategic acquisition bid by Exponent Private Equity to acquire the European and Australian operations of the Scotts Miracle-Gro Company for AUD 379 million, completed in August 2017. The company's CEO is Mark Portman who, alongside Volker Welzenbach, leads the operations.
Evergreen Garden Care operates under the Love The Garden brand, providing a comprehensive array of gardening products tailored to the needs of Australian gardeners. Their offerings include premium potting mixes, fertilizers, and tools such as Scotts Osmocote® Seed & Cutting Potting Mix and Scotts Osmocote® Controlled Release Fertilizer, designed to enhance plant growth and overall health. The company serves a wide customer base, including home gardeners and landscape professionals, ensuring accessibility through various retail channels across Australia. In the most recent year, Evergreen Garden Care generated an impressive AUD 69,720,735.
80 in revenue, with an EBITDA of AUD 3,635,235. 60. Their revenue model incorporates a multi-faceted approach that includes both direct-to-consumer sales and partnerships with retailers, allowing customers to engage with their extensive gardening product range. Evergreen Garden Care aims to expand its product offerings by developing new gardening solutions, with anticipated releases planned for the coming year.
The company is also looking to penetrate international markets, particularly in Europe and North America, by 2025. The recent funding acquisition of AUD 379 million will support these initiatives, enabling the company to enhance its product development and market expansion efforts, following the acquisition completion in August 2017.
Current Investors
Exponent
Primary Industry
Agribusiness
Sub Industries
Farm Support Services, Crop Production
Website
www.scottsaustralia.com.au
Verticals
Agtech, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Evergreen Garden Care - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | Agaris Horti | - | ||||||||
| Buyout | Completed | Evergreen Garden Care | - | ||||||||
| Trade Sale | Completed | Levington Horticulture | - |
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