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. Get the latest business insights from Dun & Bradstreet. 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. 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. Forward Looking Statements Becoming a part of this rapidly-expanding portfolio of assets will strengthen NE Hydro through strategic and financial resources that can support our combined large and diverse customer base. New England Hydroponics specializes in both indoor and organic gardening. 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. Please refer to our SEC filings for a more detailed discussion of the risks and uncertainties associated with our business, including but not limited to the risks and uncertainties associated with our business prospects and the prospects of our existing and prospective customers; the inherent uncertainty of product development; regulatory, legislative and judicial developments, especially those related to changes in, and the enforcement of, cannabis laws; increasing competitive pressures in our industry; and relationships with our customers and suppliers. 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. You can read more about your. Working with OpenMage PHP framework maintaining a complex e-commerce solution with nearly 30,000 products in the hydroponics industry. 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. 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. 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. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. ICR 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 track record of driving revenue, earnings growth and value creation at private-equity owned companies. So if you need something today, please visit and support a local hydroponic store near you! Justin, Jordan and their respective teams have built best-in-class companies and have deep domain knowledge. Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions. About CEA Industries Inc. More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics. Surna Cultivation Technologies Contact: Hydrobuilder's headquarters is located at 312 Otterson Dr, Chico. 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 . 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 . 646-277-1232 Buy Local & Grow Local With The Hydrobuilder Holdings Family. A Hydrobuilder Holdings Company | Hydrobuilder.com is a rapidly growing start up/online retailer consisting of highly motivated, collaborative, passionate, and fun loving, individuals located in . Learn more about us and our commitment to excellence. 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. Surna Cultivation Technologies (www.surna.com), is an industry leader in CEA facility design and technologies. GlobeNewswire 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. Surna Cultivation Technologies and Hydrobuilder Holdings Announce Strategic Alliance, Surna and Hydrobuilder Holdings LLC have entered into a non-equity strategic alliance to create a One-Stop-Shop for Cultivation Companies. 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 . We are lucky to call Chico home and it's so important to us as a locally grown business that we give back and stay connected to our community. Non-GAAP Financial Measures Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. Hydrobuilder Holdings recently partnered with Surna on November 11, 2022. Who we are. 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. 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 . 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. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. For more information, please visit https://hbhold.com/. Surna Cultivation Technologies LLC and HydrobuilderHoldings LLC have entered into a non-equity strategic allianceto createa One-Stop-Shop for Cultivation Companies. 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 . Fax: 888-582-0009. At September 30, 2022, the company remained debt free. 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 . The increase was primarily driven by net proceeds from the Companys sale of common stock and warrants of approximately $24 million in February 2022. Q3 Revenue up 68% QoQ and 37% YoY to $5.1 Million The best cannabis industry news sent to your inbox every Sunday. With this combination well be able to scale and automate at a far greater speed than what was possible on our own. Cory Ziskind Learn more. CBI websites generally use certain cookies to enable better interactions with. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. The terms of the transaction were not disclosed. 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. Conference Call Hydrobuilder Holdings LLC ("Hydrobuilder Holdings" or "the Company") a leading omni-channel retailer of specialty agriculture and hydroponics equipment and supplies, today announced the . Cory Ziskind Media Contact: Hydrobuilder Holdings acquired 5 companies. Claim your profile to get in front of buyers, investors, and analysts. As part of the transaction, the sellers of both Hydrobuilder.com and GreenCoast Hydroponics retained a meaningful equity stake in Hydrobuilder Holdings. 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 . Submitters are 7x more likely to receive a qualified connection. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. These bucket systems can accommodate 232 tomato 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. 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. 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. 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. CEA Industries Inc (ticker: CEAD) pgina de aes. About Hydrobuilder Holdings LLC Acquisition Highlights. 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). By continuing to use this site you are consenting to these choices. We are excited to bring together two proven leaders in hydroponics e-commerce and brick-and-mortar retail as the initial partnerships within Hydrobuilder Holdings, which we believe is poised to be a leading omni-channel seller of specialty agriculture and hydroponics equipment and supplies, said Hockenson. 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. Investors of Hydrobuilder include Broadband Capital Management and Hydrobuilder Holdings. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a . The Company was formed in October 2020 and has since . Copyright 2023 CB Information Services, Inc. All rights reserved. dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual 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 Sep 2021 - Sep 2022 1 year 1 month. our sites and services. CEA Industries Inc. This is Hydrobuilder Holdings' 1st transaction in the Distribution sector. This button displays the currently selected search type. 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. AD 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. We are excited to bring together two proven leaders in hydroponics e-commerce and brick-and-mortar retail as the initial partnerships within Hydrobuilder Holdings, which we believe is poised to be a leading omni-channel seller of specialty agriculture and hydroponics equipment and supplies, said Hockenson. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. 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. We believe these non-GAAP measures are helpful in understanding our past performance and are intended to aid in evaluating our potential future results. Illinois Adult-Use Cannabis Sales Slow to Begin 2023. Justin, Jordan and their respective teams have built best-in-class companies and have deep domain knowledge. The increase was primarily attributed to some recovery in the supply chain that enabled delivery of products with fewer delays. 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 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. These bucket systems can accommodate 232 tomato The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers.. 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 . Gross margin was 11.8% compared to 20.2% in the year ago period. Interested parties may submit questions to the Company prior to the call by emailing info@ceaindustries.com . We are committed to providing a broad product offering and exceptional customer service, and this new facility is a key piece of how our integration playbook helps our acquired companies accelerate their impressive growth momentum, said Mr. Hockenson. Contributing original content and curating quality news on only the most promising cannabis companies and the most influential investors. Management Commentary Strategic Expansion to the Northeast Adds Five Locations and Expands Physical Footprint into Seventh and Eighth States. 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 . 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. The end markets remain highly fragmented, competitive, and tightly regulated, and our customers look to Hydrobuilder to help them grow in this rapidly evolving industry., 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 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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