EdRIP invests €2m in Garden Price

The private equity house invested via its small-cap funds, securing a 25% stake in the business following a competitive process. The fresh capital will be used to finance the opening of new stores across the country; Garden Price is aiming to post a €25m turnover by 2015.

Founded in 2006, Garden Price is a retailer of discount garden goods based in Maurepas. Its five stores located in the Paris region and its website generated a €6m turnover in 2009.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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