DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its 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 farm 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.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
Contacts
Carl Doerksen
972-342-0968
cdoerksen@generational.com
