GRO-WELL

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.

GRO-WELL - overview

Established

2006

Location

Tempe, AZ, US

Primary Industry

Agribusiness

About

GRO-WELL Brands Inc. develops and provides natural and organic lawn and garden care products that enhance sustainable gardening practices, promoting environmental responsibility among its consumers. Founded in 2006, GRO-WELL Brands Inc. is based in Tempe, US, and focuses on creating eco-friendly lawn and garden care solutions.


CEO David Hancock has a background in launching companies that prioritize sustainability. The company has a total of 2 deals, with the most recent deal occurring on June 21, 2017, when Global Environment Fund recapitalized the firm. GRO-WELL Brands Inc. specializes in the development and provision of natural and organic lawn and garden care products aimed at enhancing sustainable gardening practices.


The company's core offerings include a comprehensive range of organic soils, fertilizers, and absorbent products, such as the flagship Soak 'n Sweep absorbent, designed to effectively clean up various liquid spills. This eco-friendly product, along with others in the portfolio, caters to both residential and commercial users who prioritize environmentally responsible gardening solutions. GRO-WELL’s products are marketed across multiple states, including Arizona, New Mexico, Idaho, and California, and serve diverse customer segments, including individual homeowners, landscapers, and retail distributors committed to organic gardening practices. GRO-WELL Brands operates under a business model that encompasses both direct-to-consumer and business-to-business transactions, primarily through partnerships with retailers and wholesalers.


The company's revenue is generated from the sale of its product offerings, including its recognized brands such as Garden Time, Nature's Way, and OMNI. Each product category is priced strategically to cater to various customer needs, with costs structured to provide value for both end users and distribution partners. Transactions typically occur through retail outlets and online platforms, facilitating access to their complete product catalog, which encompasses soils, fertilizers, and unique absorbent solutions. This multifaceted approach to distribution ensures that GRO-WELL reaches a broad market while reinforcing its commitment to organic and sustainable gardening.


GRO-WELL Brands Inc. is focused on expanding its product line and market presence. The company plans to launch new products aimed at enhancing the gardening experience by the end of 2023. Additionally, GRO-WELL is targeting expansion into new markets, including Texas and Nevada, with a strategic timeline set for 2024.


Recent funding from the June 2017 recapitalization by Global Environment Fund will be utilized to support these product developments and market expansion efforts.


Current Investors

Global Environment Fund

Primary Industry

Agribusiness

Sub Industries

Agribusiness

Website

www.gro-well.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

GRO-WELL - 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-onCompletedPacific Topsoils Inc.-
RecapitalisationCompletedGRO-WELL-
Private DebtCompletedGRO-WELL-

Displaying 1 - 3 of 3

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.