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New Deal


Announced

Completed

Tenth Avenue-backed From You Flowers completed the merger with Nexus Capital-backed FTD.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Merger

Private Equity

Specialty Retailers

florist

United States

Single Bidder

Private

Acquisition

Private Equity

investment management

Majority

Completed

Synopsis

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Tenth Avenue-backed From You Flowers, a floral ecommerce company, completed the merger with Nexus Capital-backed FTD, a floral company. Finanical terms were not disclosed. "We are bringing together two businesses with a shared vision to deliver exceptional service to our florist members and consumers," said Chapin. "The merger will enable From You Flowers' best-in-class ecommerce operation to accelerate the growth of FTD's already impressive floral distribution network," Michael Chapin, From You Flowers Founder and CEO.

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