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The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. About Surna Cultivation Technologies Atlanta Metropolitan Area Lead the Technology function at Hydrobuilder Holdings focused on creating the first fully integrated Omni . On July 20, 2021, Hydrobuilder Holdings acquired distribution company Home Grown Ventures. CBI websites generally use certain cookies to enable better interactions with our sites and services. About Hydrobuilder Holdings<br><br>Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of , a leading online retailer of hydroponics and horticultural supplies, Green Coast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.<br><br>-based Elevated Equipment Supply, full-service equipment and supplies provider for the . The management team previously helped Build.com grow to over $1 billion in sales, and has built Hydrobuilder.com into a complete online hydroponic gardening center that is known for having the top product lines, a fast, user-friendly website and knowledgeable employees. "Hydrobuilder Holdings brings decades of experience and a broad and deep catalog of leading cultivation products, and we're excited to expand our offerings to include Surna's leading design services and HVACD products. BCI (and/or its affiliates) was the founding investor in Vroom.com (Nasdaq: VRM), a leading used car e-commerce company, co-led the management buyout of Hydrofarm Holdings (Nasdaq: HYFM), a leading hydroponics manufacturer and distributor, prior to its initial public offering, and invested in Montrose Environmental (NYSE: MEG), an environmental services provider offering measurement & analytical services as well as environmental resiliency & sustainability solutions. Hydrobuilder Holdings is the second largest omni-channel platform of specialty agriculture and hydroponics equipment and supplies in the United States, serving commercial and hobbyist growers of . 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 . ICR Interested parties may submit questions to the Company prior to the call by emailing info@ceaindustries.com . GreenCoast has 12 locations and is an industry leader in sales and large-scale grow design. 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 . The increase was primarily driven by net proceeds from the Companys sale of common stock and warrants of approximately $24 million in February 2022. Consume less // Produce more Here are some before and after shots of the #greenhouse I've been developing! Huge discounts on grow lights, hydroponics supplies & plant nutrients at Hydrobuilder.com! CBI websites generally use certain cookies to enable better interactions with our sites and services. Hydrobuilder.com Founder and President, Justin Marshall, commented, Partnering with GreenCoast and joining Hydrobuilder Holdings is a dream come true. Illinois Adult-Use Cannabis Sales Slow to Begin 2023. This is Hydrobuilder Holdings' 1st transaction in Washington. Find company research, competitor information, contact details & financial data for Hydrobuilder Holdings LLC of Wilmington, DE. November 10, 2022 09:15 ET To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. If you would like to customise your choices, click 'Manage privacy settings'. 646-277-1232 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 . Management Commentary Surna Cultivation Technologies LLC and Hydrobuilder Holdings LLC have entered into a non-equity strategic alliance to create a One-Stop-Shop for Cultivation Companies. You can read more about your cookie choices at our privacy policyhere. 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. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers. The alliance combines the strong architectural expertise, MEP design services, and curated line of HVACD products from Surna with Hydrobuilder Holdings facility programming (layouts) and deep catalogue of related consumables and equipment. Promote your product offering to tech buyers. 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 Opening the first Elevated Equipment Supply location outside of California in Jackson, Michigan spanning 45,000 square feet in the first quarter of 2022. AD Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Cash and cash equivalents were $21.1 million on September 30, 2022, compared to $2.2 million on December 31, 2021, while working capital increased by $16.4 million during this period. Relocating Elevated Equipment Supply to a new, larger, purpose-built and state of the art warehouse in Los Angeles spanning 85,000 square feet. The Company was formed in October 2020 and has since . More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics. This press release may contain statements of a forward-looking nature relating to future events. We are constantly researching the best products and practices to help you be successful. BCI (and/or its affiliates) was the founding investor in Vroom.com (Nasdaq: VRM), a leading used car e-commerce company, co-led the management buyout of Hydrofarm Holdings (Nasdaq: HYFM), a leading hydroponics manufacturer and distributor, prior to its initial public offering, and invested in Montrose Environmental (NYSE: MEG), an environmental services provider offering measurement & analytical services as well as environmental resiliency & sustainability solutions. CEA management will host a conference call today to discuss its financial and operating results, followed by a question-and-answer session. Bei Erweiterung erscheint eine Liste mit Suchoptionen, die die Sucheingaben so ndern, dass sie zur aktuellen Auswahl passen. Surna Cultivation Technologies ( www.surna.com ), is an industry leader in CEA facility design and technologies. Hydrobuilder.com has grown to become a leading online retailer of horticultural supplies online. Surna Cultivation Technologies Contact: Jamie EnglishVice President, Marketing Communicationsjamie.english@surna.com303.993.5271, Hydrobuilder Contact: Cory ZiskindICRCory.Ziskind@icrinc.com646-277-1232. Surna Cultivation Technologies Contact: Jamie EnglishVice President, Marketing Communicationsjamie.english@surna.com303.993.5271, Hydrobuilder Contact: Cory ZiskindICRCory.Ziskind@icrinc.com646-277-1232, Plus500. Through future partnerships and mergers and acquisitions, both financial and strategic, CEA Industries will continue its pursuit of companies that bring accretive value to its customers and investors. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Hydrobuilder Holdings is uniquely positioned to provide commercial growers and home gardeners with the highest level of service, product selection, education and value. Hydrobuilder Holdings is a leading omnichannel platform serving the $12.5 billion indoor and outdoor CEA industry, including hydroponics, currently focusing on the $3.0 billion North American CEA . Founded in 1999, GreenCoast is a Southern California-based specialty agriculture / hydroponics products retailer and the largest independent retailer of its kind in the United States. Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the . Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. 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. 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. Cory.Ziskind@icrinc.com, Investors About Hydrobuilder Holdings LLCHydrobuilder 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 online, retail and warehouse direct channels. Through our partnership with a certified service contractor network, we provide installation and maintenance services to assist in a smooth build-out and optimal facility performance. I am looking forward to continuing on with the Company and could not be more excited about what this partnership means for our team going forward, said Ethan Holmes, Founder of New England Hydroponics. Date: Monday, November 14, 2022 CBI websites generally use certain cookies to enable better interactions with. Net loss per share for the third quarter of 2022 was lower than the net loss per share in the year-ago quarter due to higher issued and outstanding shares as of the third quarter of 2022. Dieser Button zeigt den derzeit ausgewhlten Suchtyp an. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. With this combination well be able to scale and automate at a far greater speed than what was possible on our own. Solidifying this relationship with Hydrobuilder Holdings is a breakthrough achievement for Surna, stated Tony McDonald, Chairman and CEO of CEA Industries Inc.Our combined offering can fully serve our customers with every conceivable service and product they would need to build out or refurbish an indoor cultivation facility. Headquartered in Louisville, Colorado, we leverage our experience in the industry to bring value-added solutions to our customers that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy evolving state and local codes, permitting and regulatory requirements. For more information, please visit https://hbhold.com/ . I'm a proven marketing and graphic designer with a strong track record of . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. These bucket systems can accommodate 232 tomato We work with facilities of all sizes, from 40 lights to 40,000, from boutique shops to volume producers and everyone in between. ET Headquartered in Louisville, Colorado, CEA Industries knows that growth is a team sport. Together, the six businesses create a leading omnichannel retailer of specialty agriculture and hydroponics equipment and supplies. 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. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a . Way to Grow has five retail locations and three warehouses in the strategically important Colorado market. The alliance combines the strong architectural expertise, MEP design services, and curated line of HVACD products from Surna with Hydrobuilder Holdings facility programming (layouts) and deep catalogue of related consumables and equipment. AD Hydrobuilder Holdings was initially formed through the acquisitions of Hydrobuilder.com, GreenCoast Hydroponics, and Elevated Equipment Supply. About Hydrobuilder Holdings 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 . The alliance combines the strong architectural expertise, MEP design services, and curated line of HVACD products from Surna with Hydrobuilder Holdings facility programming (layouts) and deep catalogue of related consumables and equipment. 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. The combined knowledge and experience will allow us to take the Hydrobuilder.com platform and apply it to some of the most successful brick-and-mortar stores in our space by utilizing our custom IT infrastructure, which enhances automation while also providing an omni-channel approach to sales for our customers. We provide full-service licensed architectural and mechanical, electrical, and plumbing (MEP) engineering services, carefully curated HVACD equipment, proprietary controls systems, air sanitization, lighting, and benching and racking products. Learn more. Hydrobuilder Holdings was formed on the basis of a three-pillar omnichannel strategy in the specialty agriculture and hydroponics equipment and supply industry. Through our partnership with a certified service contractor network, we provide installation and maintenance services to assist in a smooth build-out and optimal facility performance. Louisville, Colorado, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Surna Cultivation Technologies LLC, a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), has entered into a non-equity strategic alliance, combining its industry leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform. 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 . Hydrobuilder Holdings secured over $70 million in financing from a broad group of investors, led by Broadband Capital Investments. 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. 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. 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. Learn more about us and our commitment to excellence. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. For more information, please visit https://www.nehydro.com/, Media 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 . This is Hydrobuilder Holdings' 4th transaction in the United States. Hydrobuilder Holdings Acquires Hydrobuilder.com and GreenCoast Hydroponics to Form a Leading Omni-channel Seller of Specialty January 15, 2021, 1:00 PM UTC Share this article Louisville, Colorado, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Surna Cultivation Technologies LLC, a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), has entered into a non-equity strategic alliance, combining its industry leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform. The strategic alliance is a non-equity partnership that combines its industry-leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings . 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. 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. Dividende, date financiare, preul aciunilor i evaluarea societii ntr-un format vizual The combined knowledge and experience will allow us to take the Hydrobuilder.com platform and apply it to some of the most successful brick-and-mortar stores in our space by utilizing our custom IT infrastructure, which enhances automation while also providing an omni-channel approach to sales for our customers. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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! Hydrobuilder Holdings. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. Headquartered in Louisville, Colorado, we leverage our experience in the industry to bring value-added solutions to our customers that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy evolving state and local codes, permitting and regulatory requirements. 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. The increase was primarily attributed to some recovery in the supply chain that enabled delivery of products with fewer delays. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Consume less // Produce more Here are some before and after shots of the #greenhouse I've been developing! Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Broadband Capital Investment (BCI) is a boutique merchant bank which invests in high growth industries. We are pleased to have identified such a complementary acquisition in New England Hydroponics and to be expanding our footprint to the Northeast as we enter this fast-growing market. November 14, 2022 16:10 ET Claim your profile to get in front of buyers, investors, and analysts. Hydrobuilder Holdings has 1 strategic partners and customers. About Hydrobuilder Holdings LLCHydrobuilder 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 online, retail and warehouse direct channels. We also share a similar culture of aspiring to be the best place to work for our associates and the best place to shop for our customers. Investors of Hydrobuilder include Broadband Capital Management and Hydrobuilder Holdings. Surna Cultivation Technologies LLC and HydrobuilderHoldings LLC have entered into a non-equity strategic allianceto createa One-Stop-Shop for Cultivation Companies. Conference Call site you are consenting to these choices. For more information, please visit https://hbhold.com/, Media The Company was formed in October 2020 and has since acquired five companies that are each market leaders across different sales channels and geographies: GreenCoast, the nations second largest hydroponics retailer; Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies; Elevated Equipment Supply, a full-service equipment and supplies provider; Way to Grow, a Colorado-based retailer of aeroponic, hydroponic and greenhouse products; and Home Grown Ventures, a Washington-based manufacturer and distributer of a proprietary blend of water-soluble nutrients used for commercial agriculture. GreenCoast is one of the largest specialty agriculture products retailers in the USA. Through our partnership with a certified service contractor network, we provide installation and maintenance services to assist in a smooth build-out and optimal facility performance. I am incredibly grateful and excited to be working alongside these experts and pioneers within the hydroponics industry as well as professionals from many outside business ventures. 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. Did you know that Hydrobuilder.com is part of Hydrobuilder Holdings? Raphael Gross This will better integrate and support our customers needs across all of our three pillars: e-commerce, retail and commercial. CBI websites generally use certain cookies to enable better interactions with. ET. With strong investor support and significant follow-on interest from our investors, we have substantial growth capital to execute our organic and M&A growth strategies, and see significant opportunities to expand these businesses in the rapidly growing hydroponics, specialty gardening and controlled environment agriculture (CEA) markets., Hydrobuilder.com Founder and President, Justin Marshall, commented, Partnering with GreenCoast and joining Hydrobuilder Holdings is a dream come true. Also . Hydrobuilder Holdings 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, California-based Elevated Equipment Supply, full-service equipment and supplies provider for the commercial cultivation and . On January 15th, 2021, Hydrobuilder was acquired by Hydrobuilder Holdings. Charlotte Metro . Osingot, taloustiedot, osakekurssi ja yrityksen arvo visuaalisessa muodossa 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. The Companys quarter-end backlog was $6.8 million compared to $9.9 million for the same period in 2021. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. Hydrobuilder Holdings secured over $70 million in financing from a broad group of investors, led by Broadband Capital Investments. Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions. 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. 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 provided a business update on its growth strategy. Simply put, we want to be the best and offer our customers - from small DIY growers to the largest commercial buyers of hydroponics the widest variety of best-in-class brands, with knowledgeable talent and unparalleled customer service, across all channels. | Source: 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).