Staple Street Capital Acquires Delaware Valley Floral Group In Partnership With Its Management Team
09/06/23, 4:04 PM
Industry
angel investment
venture capital
Staple Street Capital (“SSC”), a middle-market private equity firm, announced a partnership transaction with members of the Wilkins family to acquire Delaware Valley Floral Group (“DVFG” or the “Company”). Headquartered in Sewell, NJ, DVFG is the largest supplier of fresh cut flowers and floral supplies across the Northeast and Mid-Atlantic regions. DVFG is a third-generation family-owned business founded in 1959 by the Wilkins family, members of which will continue to hold a significant stake post-close. The Company's hub-and-spoke distribution architecture, cold chain delivery infrastructure, and global supplier relationships have entrenched DVFG as the mission critical wholesale partner of thousands of retail florists and supermarket customers.
Company Info
Company info
Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational opportunities to create value. SSC helps companies capitalize on new opportunities to build stronger, more valuable businesses. For more information see www.staplestreetcapital.com