Hedges Direct Ltd
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Hedges Direct Ltd - overview
Established
2006
Location
-, Lancashire, UK
Primary Industry
Retail
About
Hedges Direct Ltd is a UK-based e-commerce company specializing in the online retail of hedging plants and gardening products, catering to both residential and commercial markets. Hedges Direct Ltd is an online retailer focusing on hedging plants and gardening supplies. The firm was founded in 2006 and has undergone significant changes in its business operations. In February 2021, the company was acquired by its management from Foresight Group Holdings for GBP 2.
75 mn, marking its latest funding round. The company has completed a total of 2 deals since inception, with its headquarters located in the UK. Hedges Direct specializes in the online retail of hedging plants and related gardening products. The company offers a diverse range of items, including instant hedging, pot-grown plants, and various species, such as Cherry Laurel, English Yew, and Leylandii.
Its products serve the needs of residential customers, landscapers, and trade customers, enhancing outdoor spaces with privacy and natural boundaries. Hedges Direct operates primarily in the UK but also serves customers across Europe, expanding its geographical audience. In the most recent year, 2023, Hedges Direct reported a revenue of GBP 16,988,716. 10, with an EBITDA of GBP -3,450,890.
30. The company's revenue primarily derives from direct-to-consumer transactions via its e-commerce platform, catering to both individual consumers and trade customers with tailored solutions and seasonal promotions. Hedges Direct plans to expand its product offerings by designing new gardening products that will be launched in the next year. The company is targeting expansion into additional European markets by 2024.
The recent funding from the Buyout round will be utilized to support these initiatives and enhance operational capabilities.
Primary Industry
Retail
Sub Industries
Recreational Hobbies & Sporting Goods, Home Improvement & DIY, Recreational Product Stores
Website
www.hedgesdirect.co.uk
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Hedges Direct Ltd - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Hedges Direct Ltd | - | ||||||||
| Buyout | Completed | Hedges Direct Ltd | - |
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