Thompson & Morgan
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Thompson & Morgan - overview
Established
1855
Location
Ipswich, -, UK
Primary Industry
Agribusiness
About
Thompson & Morgan is a UK-based company specializing in the cultivation and retail of a wide variety of plants and seeds, catering to gardening enthusiasts and professionals, primarily through their e-commerce platform. Founded in 1855 in Ipswich, UK, Thompson & Morgan is a retailer of plants and seeds, known for its diverse offerings. The company was acquired by BVG Group in March 2017, although specific financial details of the transaction were not disclosed. It has participated in 2 funding deals, with the latest round being a Buyout in March 2017, amounting to GBP 17.
000 mn, raising a total of GBP 17. 000 mn to date. It is not disclosed if Thompson & Morgan has subsidiaries or a parent company. The details regarding the founder's history were not available.
Thompson & Morgan specializes in the cultivation and sale of a diverse range of plants and seeds, serving gardening enthusiasts and horticultural professionals. Their product offerings include perennial and biennial plants, spring flowering bulbs, and various fruit and vegetable seeds, aimed at enhancing gardens and patios. They provide high-quality, easy-to-grow plants and gardening accessories, marketed primarily to customers in the UK, including amateur gardeners and professional landscapers. In the most recent year, 2021, Thompson & Morgan reported a revenue of GBP 132,397,560.
60. Their revenue model is based on direct-to-consumer sales through an e-commerce platform, allowing for competitive pricing and multiple item purchases that boost average transaction values. Thompson & Morgan is focused on expanding its product range and entering new markets. While specific new products or release dates were not disclosed, the company aims to leverage its recent funding from the GBP 17.
000 mn Buyout in March 2017 to support these initiatives. They are exploring opportunities for geographic expansion beyond the UK, though specific regions or markets are not mentioned. The company’s strategy is expected to enhance their market presence and cater to a growing customer base.
Primary Industry
Agribusiness
Sub Industries
Agribusiness, Medicinal Chemicals & Botanicals
Website
www.thompson-morgan.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Thompson & Morgan - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Thompson & Morgan | - | ||||||||
| Buyout | Completed | Thompson & Morgan | - |
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