NorthEdge Capital successfully exited its investment in Bridge Farm Group through a sale to Sundial Growers Inc., achieving a 2.3x return on investment amidst strong market demand for ornamental plants in the UK.

Target Information

Bridge Farm Group is recognized as one of the leading producers of ornamental plants, flowers, and herbs in the United Kingdom. Established in 1988, the company operates from multiple sites in Spalding, Lincolnshire, including a flagship 75-acre facility. Bridge Farm Group boasts an impressive annual output of over 80 million plants and flowers, catering to both retailers and consumers worldwide, including major supermarket chains in the UK. The company employs more than 500 individuals, contributing to its robust operational capacity.

Industry Overview

The ornamental plant and horticulture industry in the UK has experienced substantial growth over recent years, driven by increasing consumer interest in gardening and home decor. This sector encompasses a wide range of products, including flowers, shrubs, trees, and herbs, with a diversified customer base that spans retail, wholesale, and direct sales. Current trends indicate a growing demand for sustainable and locally-sourced plants, as environmentally conscious practices gain popularity among consumers.

Moreover, changes in consumer behavior during the COVID-19 pandemic have led to a surge in home gardening, further bolstering the market’s expansion. As more individuals turned to gardening as a h