Staple Street Capital Acquires Delaware Valley Floral Group In Partnership With Its Management Team
Acquiring Company
Staple Street Capital
Acquired Company
Valley Floral Group
Description
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.