Sep 2022 | Florida
Flower Kingdom Acquired By Klis Capital
We are pleased to share the sale of our client, Flower Kingdom, to Klis Capital. The acquisition closed September 2, 2022.
We are pleased to share the sale of our client, Flower Kingdom, to Klis Capital. The acquisition closed September 2, 2022.
Flower Kingdom, located in Palm Beach Gardens, Florida, provides custom floral arrangements, plants, and gifts for every occasion. Founded in 1986, the company has been a family-owned and operated business since inception and offers only high-quality products with custom designs.
The company has developed market share through its unwavering commitment to customer service and offering a 7-day unconditional quality guarantee. Flower Kingdom’s highly talented design team brings over 30 years of combined experience in the floral industry and can capture the appearance and emotion necessary for any occasion.
The company sources its products from a number of high-quality farms and gardens across Florida. It has also developed supplier relationships in various parts of the United States and other international markets for non-regional and exotic product offerings.
The company utilizes a “recipe” book, developed from over 30 years in the floral industry, to guide the creation of custom arrangements and bouquets. Additionally, the company offers miscellaneous gifts to accompany the floral arrangements, including balloons, gift cards, boxes of premium chocolates (Godiva), and other items.
Klis Capital, located in Mexico City, Mexico, is an investment platform for select Latin American Family Offices and other investors. They focus on direct private equity investments in the U.S., co-investing with U.S. Family Offices, U.S. investors, and global sponsors. Klis Capital offers investors the opportunity to invest on a deal-by-deal basis and thus select the portfolio of private company investments most suitable for them.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Paul Fackler, with the support of Vice President M&A, Emil Nirkis, successfully closed the deal. Senior Managing Director Roger Dean established the initial relationship with Flower Kingdom.
“Klis Capital sees a significant opportunity to continue on with Flower Kingdom’s wonderful legacy and expand its presence further in south Florida,” said Fackler.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Retail page.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services page.
View Press Release
Generational can help business owners, buyers and investors to make the most of M&A opportunities during 2024. Find an Executive Conference near you or get in contact with our expert advisors today.