Delaware Valley Floral Group has been acquired by Staple Street Capital
The owners of Delaware Valley Floral Group, Inc. (DVFG) have sold the company to Staple Street Capital.
Founded in 1959 by the Wilkins family, Delaware Valley Floral Group is a third-generation family-owned business, and the family will continue to hold a significant stake post-close. DVFG offers the industry’s broadest assortment of fresh cut flowers and floral supplies to thousands of independent retail florists and supermarket customers. Headquartered in Sewell, New Jersey, the group leverages a regional hub-and-spoke distribution network, comprised of 11 strategically located distribution centers, combined with cold chain infrastructure and multi-state direct store delivery capabilities to serve as a mission critical partner to its suppliers and customers.
Headquartered in New York City, Staple Street Capital is a private equity firm with approximately US$900 million of capital under management which invests in market-leading businesses where there are transformational opportunities to create value.
Oaklins TM Capital in the US served as the exclusive financial advisor to Delaware Valley Floral Group, Inc. in its sale to Staple Street Capital.
Jack Chidester
CEO, Delaware Valley Floral Group, Inc.
Contáctese con el equipo de la transacción
Michael S. Goldman
Oaklins TM Capital
Michael L. Bauman
Oaklins TM Capital
Transacciones relacionadas
Mark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Aprenda másArtisJP has sold 500 ha of farmland to the Land Fund of Latvia
ArtisJP has sold 500 hectares of agricultural land in the Ventspils region of western Latvia to the Land Fund of Latvia, managed by the Latvian state finance institution Altum.
Aprenda másGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Aprenda más