Delaware Valley Floral Group Announces Strategic Partnership with Staple Street Capital.
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FOR IMMEDIATE RELEASE: 8/30/2023
Jack Chidester, CEO Delaware Valley Floral Group 800-676-1212
Delaware Valley Floral Group Announces Strategic Partnership with Staple Street Capital.
Sewell, NJ – Delaware Valley Floral Group, a family-owned enterprise with a rich heritage of 64 years, is delighted to announce a significant milestone in its journey. The company has successfully created a partnership with Staple Street Capital, a prominent private equity firm known for fostering growth and innovation.
Since its founding in 1959, Delaware Valley Floral Group has been a leader in the wholesale florist industry, proudly serving its customers with a commitment to excellence, quality, and family values. Over the years, they have built strong relationships with customers, vendor partners, and employees, becoming a trusted name in the floral industry.
The decision to join forces with Staple Street Capital stems from a strategic vision to further enhance Delaware Valley Floral Group’s position in the market while preserving the essence of the family legacy. Staple Street Capital’s track record of adding value, promoting sustainable growth, and upholding core company values made them the ideal partner for this transition.
“Staple Street Capital shares our vision for the future and is committed to preserving the values that have defined Delaware Valley Floral Group for generations. We are confident that this partnership will bring new opportunities and continued success for our company,” said Jack Chidester, CEO of Delaware Valley Floral Group.
According to founding family member Bob Wilkins, “My brother John and I are thrilled to be combining the talent and mission of Delaware Valley’s team with Staple Street Capital – a partner who will be complementing our enthusiasm for DVFG’s future growth in the industry that we love.
Ever since our parents, Bob, and Doris, founded the company in 1959 in an old garage with four employees and two trucks, our family and staff have been unwaveringly passionate about the floral industry. This new venture will ensure that we are able to take our passion to new heights.”
“We are excited to join forces with Delaware Valley Floral Group. Their longstanding reputation for quality and customer service aligns perfectly with our investment philosophy. Together, we aim to build on their legacy and create new avenues for growth,” stated the partners at Staple Street Capital.
As Delaware Valley Floral Group embarks on this exciting partnership, they extend their heartfelt gratitude to their dedicated staff, loyal customers, and valued partners for their continued support and trust.
About Delaware Valley Floral Group:
Delaware Valley Floral Group is a renowned family-owned business that has been a cornerstone in the wholesale floral industry for 64 years. Their unwavering commitment to excellence, quality, and customer service has made them a trusted name in the market. https://www.dvfloralgroup.com/About Staple Street Capital:
Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational opportunities to create value. Staple Street Capital helps companies capitalize on new opportunities to build stronger, more valuable businesses. For more information see http://www.staplestreetcapital.com
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