So if you need something today, please visit and support a local hydroponic store near you! Hydrobuilder Holdings was formed on the basis of a three-pillar omnichannel strategy in the specialty agriculture and hydroponics equipment and supply industry. November 10, 2022 09:15 ET Hydrobuilder Holdings brings decades of experience and a broad and deep catalogue of leading cultivation products, and were excited to expand our offerings to include Surnas leading design services and HVACD products. Cory.Ziskind@icrinc.com, Investors The Trees Remember Coupons & Promo Codes 2023. com 4% OFF sitewide From HydroBuilder 4% off any order Reveal Code 25% OFF From American Meadows Up to 25% off Seeds Get Offer sitewide From EarthEasy Free Shipping on orders over $75 Get Offer From Cedar and Sail Dodecahedron Planters now $25 Get Offer . In addition to the acquisition of New England Hydroponics, the Company recently completed its relocation of Elevated Equipment Supplys flagship Los Angeles location to its new purpose-built and state of the art warehouse in Los Angeles spanning 85,000 square feet of high pile storage, an increase of 25,000 square feet from its legacy 60,000 square foot facility. Hydrobuilder Holdings was formed on the basis of a "three-pillar" omnichannel strategy in the specialty agriculture and hydroponics equipment and supply industry. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. About. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers.. GreenCoast is one of the largest specialty agriculture products retailers in the USA. ICR Complete, all-in-one grow packages and grow tent kits are all available with LED, CMH and HPS grow light options and all kits ship FREE! Surna Cultivation Technologies LLC and HydrobuilderHoldings LLC have entered into a non-equity strategic allianceto createa One-Stop-Shop for Cultivation Companies. Surna Cultivation Technologies (www.surna.com), is an industry leader in CEA facility design and technologies. Cory.Ziskind@icrinc.com, Internet Explorer presents a security risk. These bucket systems can accommodate 232 tomato | Source: You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. For more information, please visit https://hbhold.com/. PALM BEACH, Fla.--(BUSINESS WIRE)--Hydrobuilder Holdings LLC (Hydrobuilder Holdings) today announced its formation through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, and GreenCoast Hydroponics, the second largest hydroponics retailer in the United States, to create a leading omni-channel retailer of specialty agriculture and hydroponics equipment and supplies. Mar 2022 - Present1 year 1 month. Hydrobuilder Holdings LLC, a recently formed omnichannel seller of hydroponic agricultural products, has acquired Way to Grow, a Fort Collins-headquartered chain of hydroponic and organic gardening The reference to CEAs website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. If you would like to customise your choices, click 'Manage privacy settings'. Headquartered in Louisville, Colorado, CEA Industries knows that growth is a team sport. Hydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 10 warehouses serving the $12.5 billion indoor and outdoor CEA and hydroponics industry, currently focusing on the $3.0 billion North American CEA market, and serving the entire spectrum of customers from hobbyists to the largest commercial growers through its . GlobeNewswire Have a confidential news tip? We continue to strategically invest for growth in a disciplined, cash efficient, and high ROI manner. Hydrobuilder.com has grown to become a leading online retailer of horticultural supplies online. The decrease in gross margin was primarily driven by an increase in variable costs (which include the cost of equipment, external engineering costs, shipping and handling, and travel and warranty costs) as a percentage of revenue, as well as the reallocation of certain operating expenses to cost of goods sold. Hydrobuilder Holdings will be led by Markus Hockenson, Chief Executive Officer, and Avi Levine, Chief Financial Officer, both of whom bring extensive digital and retail experience, and a proven . About Hydrobuilder Holdings LLC Hydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 10 warehouses serving the $12.5 billion indoor and outdoor CEA and hydroponics industry, currently focusing on the $3.0 billion North American CEA market, and serving the entire spectrum of customers from hobbyists to the largest . The new greenfield locations will extend the Companys physical footprint into its 5th and 6th states, while continuing to serve all 50 states through its eCommerce channel, and will enable the Company to further capture share in the large and rapidly growing $12.5 billion indoor and outdoor CEA industry, including hydroponics, with a current focus on the $3.0 billion North American CEA market. Mr. Hockenson previously served as President and Chief Executive Officer of International Car Wash Group and Vision Group Holdings, and has served in leadership positions at Enterprise Rent-a-Car, Starbucks, Advance Auto Parts, and TBC Corporation (Tire Kingdom). Along with better serving our customers, we feel great about how this partnership will support our employees and the culture that we have worked 20+ years to build., Michael Rapp, Managing Partner of Broadband Capital Investments, added, We are excited to be investing in the formation of Hydrobuilder Holdings. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Charlotte Metro . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Who we are: Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.-based Elevated Equipment Supply, full-service equipment and supplies provider for the commercial cultivation . Hydrobuilder Holdings LLC was formed in December 2020 on the basis of a "three-pillar" omni-channel strategy in the specialty agriculture and hydroponics equipment and supply industry. CEA Industries Inc. Along with better serving our customers, we feel great about how this partnership will support our employees and the culture that we have worked 20+ years to build., Michael Rapp, Managing Partner of Broadband Capital Investments, added, We are excited to be investing in the formation of Hydrobuilder Holdings. In addition to new greenfield locations, the Company is moving forward with relocation plans that will be operational in Q1 2022: Our continuing mission is to be the leading omnichannel provider of equipment and supplies to the indoor and outdoor CEA industry, including hydroponics. We have been judicious in our approach to M&A and our patience has paid off given the contraction in valuation multiples for many of the targets we have evaluated. Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of , a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los A . Who we are: Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.-based Elevated Equipment Supply, full-service equipment and supplies provider for the commercial cultivation . dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual CEA Industries Inc. ( www.ceaindustries.com ), is home to industry leaders in controlled environment agriculture, with complementary and adjacent companies added to its portfolio when aligned with the companys growth initiatives. We have been providing solutions to indoor growers for over 16 years and have served over 800 cultivators with over 200 of them being large, commercial projects. Learn more about us and our commitment to excellence. More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics. The amount of industry and historical knowledge will allow us to further position ourselves as a leading online retailer of hydroponics equipment and supplies., Jordan Weiss, Chief Executive Officer of GreenCoast Hydroponics, said, We couldnt be more excited to see our business develop and grow into an omni-channel national model. ICR We are excited by this opportunity and we look forward to building a leading company in this space.. I am confident this will not only be of great value to our customers but will be a great source of growth for both our companies., We have worked closely with Tony and the Surna team over the past few months to establish this value-added alliance that brings quality, convenience and simplicity to our customers, said Dustin Bertram, Hydrobuilder Holdings Chief Commercial Officer. By continuing to use this site you are consenting to these choices. CEA management will host a conference call today to discuss its financial and operating results, followed by a question-and-answer session. Find out more about how we use your personal data in our privacy policy and cookie policy. Net bookings in the third quarter of 2022 were $2.2 million compared to $5.6 million in the year-ago period. Dont let your products get skipped. Raphael Gross Our team of project managers, licensed professional architects and engineers, technology and horticulture specialists, and systems integrations experts help our customers by precisely designing for their unique applications. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions. About Hydrobuilder Holdings LLC We believe these non-GAAP measures are helpful in understanding our past performance and are intended to aid in evaluating our potential future results. Interested parties may submit questions to the Company prior to the call by emailing info@ceaindustries.com . Hydrobuilder Holdings Sep 2021 - Sep 2022 1 year 1 month. Conference Call Founded in 2011, Hydrobuilder.com is based in Northern California and has rapidly grown to become a leading online retailer of hydroponics and horticultural supplies. The presentation of these non-GAAP measures should be considered in addition to our GAAP results and are not intended to be considered in isolation or as a substitute for financial information prepared or presented in accordance with GAAP. our sites and services. 500 Orient Street Suite 150. This quarter-end backlog is expected to generate revenue over the next 18 months. By continuing to use this site you are consenting to these choices. Hydrobuilder Holdings brings decades of experience and a broad and deep catalogue of leading cultivation products, and were excited to expand our offerings to include Surnas leading design services and HVACD products. PALM BEACH, Fla.--(BUSINESS WIRE)--Hydrobuilder Holdings LLC (Hydrobuilder Holdings or the Company), a leading omnichannel platform serving the indoor and outdoor CEA industry, including hydroponics, today announced that it has entered the Northeast by adding New England Hydroponics (NE Hydro) to its growing portfolio of assets, bringing its total number of physical retail locations to 22 and its number of warehouse locations to 9. Founded in 2002 by Ethan Holmes as an online retailer, New England Hydroponics has since grown to five retail locations and one warehouse location in each of Massachusetts and Maine and is now a leading indoor gardening retailer in the strategically important Northeastern market. We purpose-built our omnichannel platform with strategic acquisitions in California, and have since expanded to Colorado with our acquisition of Way to Grow, and are now expanding our commercial warehouse direct business to Michigan and our hybrid retail model to Oklahoma. Mr. Hockenson previously served as President and Chief Executive Officer of International Car Wash Group and Vision Group Holdings, and has served in leadership positions at Enterprise Rent-a-Car, Starbucks, Advance Auto Parts, and TBC Corporation (Tire Kingdom). The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers. Relocating Home Grown Ventures from its current facility in Washington State to a new, larger facility in Los Angeles spanning 30,000 square feet, which will allow the Company to meaningfully expand HGVs production capacity. This alliance will combine our industry-leading CEA systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform, creating a one-stop-shop solution for cultivation companies across North America. Hydrobuilder Holdings Aug 2021 - Feb 2023 1 year 7 months. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. ICR Warrant (ticker: CEADW) pgina de aes. Home Grown Ventures (HGV) is a Washington state-based manufacturer and distributor of a proprietary blend of water-soluble nutrients used for commercial agriculture. You can read more about your cookie choices at our privacy policyhere. We look forward to showcasing this new location for our customers and partners in the new year., Hydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 9 warehouses serving the $12.5 billion indoor and outdoor CEA industry, including hydroponics, currently focusing on the $3.0 billion North American CEA market, and serving the entire spectrum of customers from hobbyists to the largest commercial growers through its online, retail and warehouse direct channels.
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