Date
Aug 2022
Region
Minnesota
We are pleased to share the sale of our client Bard Flowers, Inc. to a Private Investor. The transaction closed August 15, 2022.
Located in Eagan, Minnesota, Bard Flowers, Inc. (BFI) makes and distributes floral products to convenience as well as drug stores in much of Minnesota and Northwestern Wisconsin. The company delivers fresh high-quality flowers, including single roses; three, six, and twelve rose bouquets; four sizes of mixed bouquets; plush single roses; and preserved, and artificial roses.
BFI's products are conveniently found and enjoyed for many occasions such as birthdays, anniversaries, graduations, and holidays, as well as “thank you”, “get well”, sympathy, and other purposes. BFI is well known in its region and has an excellent reputation for convenience and customer satisfaction on high-quality flowers and complementary products.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Steve Dinehart, with the support of Vice President, M&A, Lance Thomasson, successfully closed the deal. Senior Managing Director Joe Van Voorhis established the original relationship with BFI.
"We were able to transition the company from one local family to another ensuring the continuity of Bard Flowers to the benefit of all stakeholders,” said Dinehart.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services M&A deals page.
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