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Fast Growing Trees Announces Investment From Berkshire Partners

PRIVATESep 13, 2021•over 4 years ago

Charlotte

Description

Fast Growing Trees, the leading direct-to-consumer e-commerce retailer of trees and plants, today announced that it has entered into a recapitalization transaction with Boston-based Berkshire Partners. Cove Hill Partners will also participate in the transaction as a minority investor. Terms of the transaction were not disclosed.

Company Information

Company

Fast Growing Trees

Location

Charlotte, North Carolina, United States

About

Fast Growing Trees offers consumers a broad variety of high-quality trees and shrubs through its branded websites fast-growing-trees.com, brighterblooms.com, and plantingtree.com. The company provides customers with a best-in-class e-commerce experience and access to more than 1,200 varieties of trees, plants, and shrubs that are available for nationwide home delivery, typically within three days of placing an order. Fast Growing Trees sources its products from a geographically diverse network of trusted suppliers and has built a reputation in the marketplace for offering high-quality products and superior customer service. The company's differentiated consumer experience is disrupting traditional channels in its large and steadily growing category. For more information, visit www.fast-growing-trees.com.

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