Growers House LLC
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Growers House LLC - overview
Established
2011
Location
Tucson, AZ, US
Primary Industry
Retail
About
Growers House LLC, based in the US, specializes in providing hydroponic equipment and supplies for both professional cultivators and hobbyists, enhancing indoor cultivation practices with a diverse range of products. Growers House LLC is focused on hydroponic equipment and supplies, serving professional and hobbyist cultivators. Founded in 2011 in Tucson, US, the company has undergone a recapitalization deal in April 2021 involving Cave Creek Capital Management and RLJ Equity Partners. Nate Lipton is both the founder and CEO, and he has been pivotal in the company's strategic direction.
The firm has completed one notable deal to date. Growers House specializes in providing a comprehensive range of hydroponic equipment and supplies aimed at both professional cultivators and hobbyists. Their core product offerings encompass high-performance grow lights, nutrient solutions, grow tents, ventilation systems, and various hydroponic accessories designed to enhance indoor cultivation. The products are engineered to facilitate optimal plant growth, addressing challenges associated with traditional growing methods, such as space limitations and environmental control.
The company serves a diverse clientele that includes commercial growers, agricultural professionals, and individual consumers interested in hydroponics. Growers House markets its products primarily across the continental United States, ensuring accessibility for regions that are increasingly adopting indoor and controlled environment agriculture practices. Growers House generates revenue through direct sales of its extensive product line, which includes flagship items such as LED grow lights and specialized nutrient solutions. The transaction structure is predominantly B2C, allowing individual consumers to make purchases directly from the company's website or through its physical locations.
The company also caters to business customers by offering bulk pricing and simplified purchasing options, effectively establishing partnerships with commercial entities in the agriculture sector. Pricing for products varies according to the specific offerings, with individual items available at competitive rates to facilitate widespread adoption among both amateur and professional growers. This direct sales approach reinforces Growers House's commitment to providing exceptional value and support to its diverse customer base. Following the recapitalization deal in April 2021, Growers House LLC plans to leverage recent funding to enable its omnichannel growth, develop new products for its customer base, and expand into new markets.
Specific products are in development to meet the evolving needs of their clients. The company is focusing on expanding its presence in the continental US, targeting additional regions that show potential for growth in indoor agriculture. This strategy is backed by the recent investment that aims to facilitate these initiatives.
Current Investors
Cave Creek Capital Management, RLJ Equity Partners
Primary Industry
Retail
Sub Industries
Home Improvement & DIY
Website
www.growershouse.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Growers House LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Growers House LLC | - |
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Growers House LLC - employee data


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