Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Bard Flowers, Inc. to a Private Investor. The transaction closed on 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; 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 with high-quality flowers and complementary products.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, 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.
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