In This Issue
Greenfingers ‘Nest & Rest’ garden opens at Grace House, Sunderland
Sir Terry Leahy and Just Eat’s Chief Operating Officer headline Cultivating Retail Conference
Could there be a bumper Christmas on the way?
Bottle Lights lead chart for third week
GCA heads to Bristol for January conference
Haskins offers first glimpse of Snowhill redevelopment
Langlands turns pink for breast cancer charity
Selby centre's extension set to double turnover in 5 years
Squire's lays on welcome at Wokingham site bought from Wyevale
Sara to sleep out in aid of homeless charity
£17m turnover YouGarden completes MBO with Kester Capital
Zest 4 Leisure employees smash charity fundraising target
Aussie independent wants laws to curb power of big box stores
SunPatiens passes with flying colours in Westminster
GIMA expands autumn workshops schedule
France will take centre stage at IPM Essen 2020
West Yorkshire businesses collaborate for a fourth Christmas experience
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Millbrook founder joins charity's board of trustees
Record October in sight for Christmas sales
September offers no respite for online retailers as sales continue to slow
Wet ground holds back gardening activity
Wet September hit garden centre sales
Steady growth for winter bedding
Garden centres await news about Bonmarché concessions
The best of last week's
Christmas unveiled at Bents Garden & Home
Cultivation Street LAUNCHES Illumination Street
Bumper week for Christmas product sales
Harnessing the Power of Social at the HTA Marketing Forum
Christmas and indoor gardening beat the rain
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Garden Centre Photo Tours
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
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£17m turnover YouGarden completes MBO with Kester Capital

Lincolnshire based multi-channel garden retailer YouGarden founded by entrepreneur Peter McDermott seven years ago, has completed an MBO.

 

The company’s annual revenues have increased by an average of 35% over the past five years, topping £17 million in the past year. The MBO was backed by buy-out specialists Kester Capital, who have known McDermott and his business since the start-up in 2012.

 

In addition to its direct-to-consumer brand YouGarden, the company also acts as gardening category manager for prominent retailers like Amazon, Groupon, Ideal World TV Shopping and Shop Direct. It reaches around 800,000 consumers.

 

Peter McDermott, who is MD, said the partnership with Kester Capital would give them extra firepower to accelerate expansion plans. “The team at Kester really understands our business and have a long track record of supporting growth in UK businesses. We are excited to work with them in order to take YouGarden to the next level.”

 

Kester focuses on UK businesses that require capital to unlock their potential.

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