FTD sold North and Latin American florist and consumer business, including ProFlowers, to Nexus Capital
Client(s) FTD Companies, Inc.
Jones Day advised FTD Companies, Inc. in the $95 million sale of the North America and Latin America florist and consumer business, including ProFlowers, to an affiliate of Nexus Capital Management LP, a Los Angeles, California-based private equity firm. The acquisition follows Nexus' winning bid at the auction held on July 31, 2019, for certain assets of FTD Companies, Inc., including the FTD and ProFlowers brands and the FTD florist network.