Tags:B2CBeverageBusinessCultureE-commerceFoodTechGardenGreenTechProductSpace
Wyevale Garden Centres (WGC) is the largest plant- and garden-focused retailer in the UK. The business has three sources of income: the sale of gardening and associated retail products; on-site food and beverage outlets and lease income from concession space let to third-party retailers. Gardening is part of British culture; almost half of all adults say they enjoy gardening, rising to nearly two-thirds of those aged 45 and over. The sector is considerably less volatile than overall consumer spending and is expected to benefit from an ageing population. Asset-Backed: The business currently operates about 150 sites across England and Wales, and is the largest garden centre operator in the UK, with an estate that is difficult to replicate under UK planning restrictions. Requiring Fundamental Change: When Terra Firma acquired WGC (then known as The Garden Centre Group) in April 2012, the business had been capital-constrained and unable to take full advantage of investment opportunities in its existing portfolio or consolidation opportunities in what is a very fragmented sector in the UK. A business plan was developed to establish a national brand, consolidate the sector, weather-proof the business and realise economies of scale. Transforming strategy Strengthening management Developing through capital expenditure Building through mergers and acquisitions Lowering the cost of capital to create extra upside Back to list of investments
Member count: 5001-10000
Founded date: 1933

Investors 1