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. 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. AD We believe these non-GAAP financial measures reflect an additional way to view aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business. Way to Grow has five retail locations and three warehouses in the strategically important Colorado market. 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. CEA Industries Inc. This quarter-end backlog is expected to generate revenue over the next 18 months. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Surna Cultivation Technologies (www.surna.com), is an industry leader in CEA facility design and technologies. 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! 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. Find out more about how we use your personal data in our privacy policy and cookie policy. Also . Surna Cultivation Technologies and Hydrobuilder Holdings Announce CBI websites generally use certain cookies to enable better interactions with our sites and services. Surna Cultivation Technologies Contact: Jamie EnglishVice President, Marketing Communicationsjamie.english@surna.com303.993.5271, Hydrobuilder Contact: Cory ZiskindICRCory.Ziskind@icrinc.com646-277-1232. 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. 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. ET, Surna Cultivation Technologies to Offer Water Treatment Solutions, Surna Cultivation Technologies Partners with Evoqua Water Technologies to Offer Water Treatment Solutions, Registration on or use of this site constitutes acceptance of our. Warehouse Associate Job Denver Colorado USA,Warehouse Way to Grow hydroponic supply store chain acquired - Boulder Daily Camera Hydrobuilder Holdings Acquires Home Grown Ventures - Mergr 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. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. HydroBuilder Holdings Hydroponic Sales Support Representative. Colorado The terms of the transaction were not disclosed. Promote your product offering to tech buyers. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. The Hydrobuilder Holdings family of companies can support every size commercial operation. 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. Third Quarter 2022 Financial Highlights (in $ thousands, excl. Hydrobuilder Holdings secured over $70 million in financing from a broad group of investors, led by Broadband Capital Investments. We are constantly researching the best products and practices to help you be successful. CEA Industries Inc. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. This is Hydrobuilder Holdings' 4th transaction in the United States. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. 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. Surna Cultivation Technologies Contact: Hydrobuilder's headquarters is located at 312 Otterson Dr, Chico. Have a confidential news tip? Osingot, taloustiedot, osakekurssi ja yrityksen arvo visuaalisessa muodossa 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. Learn more. our sites and services. Although we are proud of our sales growth, we acknowledge that the macro environment continues to present challenges as we work through a prolonged inflationary environment and certain residual supply chain headwinds. Surna Cultivation Technologies and Hydrobuilder Enter Into a Strategic Did you know that Hydrobuilder.com is part of Hydrobuilder Holdings? The technology behind the business increases automation and saves time which leads to cost savings for the customer. Hydrobuilder Holdings Raises $70 Million and Combines West Coast ICR dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual November 10, 2022 09:15 ET To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Operating expenses in the third quarter of 2022 were $1.7 million compared to $1.2 million for the same period in 2021. 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. 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. CEA Industries Inc. Warrant pgina da ao - preo, fundamentais The NCV Newswire is hand-curated by an editor and not automated in anyway. We are excited by this opportunity and we look forward to building a leading company in this space.. Dividende, date financiare, preul aciunilor i evaluarea societii ntr-un format vizual Consume less // Produce more Here are some before and after shots of the #greenhouse I've been developing! 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. The Companys quarter-end backlog was $6.8 million compared to $9.9 million for the same period in 2021. <br><br>Believes that basically, life's a lab - we live, fall, get up, learn, then pickup the pieces and evolve. 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 . 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. Hydrobuilder Holdings. 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 . Use the CB Insights Platform to explore Hydrobuilder Holdings's full profile. 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 . For more information, please visit https://www.nehydro.com/, Media Hydrobuilder's latest funding round is Unattributed. 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 . Hydrobuilder Holdings Acquires New England Hydroponics and - Yahoo! 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. Mar 2022 - Present1 year 1 month. On July 20, 2021, Hydrobuilder Holdings acquired distribution company Home Grown Ventures. Gross profit in the third quarter of 2022 was $0.6 million compared to $0.7 million for the same period in 2021. Shop with our knowledgeable grower support team to find the perfect indoor grow room kit or hydroponics package at the best price online! 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. 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. About. 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. 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 . 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 Provides Business Update 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. Acquisition Highlights. So if you need something today, please visit and support a local hydroponic store near you! If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Who we are. The decrease in the Companys net bookings and backlog for the third quarter of 2022 was primarily driven by fewer new orders to replace the Companys backlog as it recognized revenue during the quarter. Atlanta Metropolitan Area Lead the Technology function at Hydrobuilder Holdings focused on creating the first fully integrated Omni . As part of the transaction, the sellers of both Hydrobuilder.com and GreenCoast Hydroponics retained a meaningful equity stake in Hydrobuilder Holdings. Q3 Revenue up 68% QoQ and 37% YoY to $5.1 Million GreenCoast operates 12 stores (10 in California, 1 in Las Vegas and 1 in Portland, OR), that provide equipment, plant consumable products and design services to growers ranging from the hobbyist to the largest licensed commercial operators. Net loss in the third quarter of 2022 was $1.0 million or $(0.13) per share, compared to a net loss of $0.4 million or $(1.69) per share for the same period in 2021. Find company research, competitor information, contact details & financial data for Hydrobuilder Holdings LLC of Wilmington, DE. Shortage Control Lead - Van Nuys, CA - Burlington Stores - beBee 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. Averi Endow - Content Strategist - Hydrobuilder Holdings | LinkedIn More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics.

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