Halifax - found on-line florist , Prestige Flowers , has meld with Mansfield - based Flowerline , a flower procural , packing , and distribution business .
ThinCats , an substitute finance supplier to mid - sized SMEs supported the merger with a significant capital shot . Park Place advised on the good deal .
Prestige Flowers was launch in 2013 . Its partnership with Flowerline has enable it to cater next - mean solar day obstetrical delivery of fresh flower and gift hampers , distributing over one million bouquets nationwide every year .
Ben Kimball , fourth-year director at ThinCats , said : " Prestige and Flowerline have built an incredible reputation for quality and their commitment to sustainability is evident in the enterprisingness they support .
" It was a pleasure play with the expert team at Park Place , who were first-class throughout the physical process .
" We are excited to be part of the Prestige and Flowerline ’s journeys and see them go from effectiveness - to - strength . "
Simon Crowther , chief executive officer of Prestige , enjoin : " Prestige Flowers has always been drive by a passion for delivering outstanding quality and service to our customers , upholding the highest ethical criterion .
" This fusion with Flowerline is a innate step in our increase , tone our ability to generator , mob , and distribute flowers and gift with speeding and aid .
" With the support of ThinCats and the expertise of Park Place , we are excited for this new chapter , well position to bring even great note value to our customers and advance our commitment to sustainable business practices . "
Julian Ridgard , CEO of Flowerline , said : " For Flowerline , this merger tick a substantial milestone in our long - stand relationship with Prestige Flowers , which has been build over many years of reliance , collaboration , and shared success .
" Our journey together has been one of reciprocal development and origination . This amalgamation not only strengthen our spatial relation in the securities industry but also aligns with our commitment to excellency and client expiation .
" We count forwards to this new chapter as a unified company , continuing to provide exceeding products and services . "
Ben Peacock , partner at Park Place , added : " Prestige and Flowerline are hugely impressive businesses in their own right hand , and having worked more intimately in recent years , a compounding of the businesses became compelling for the shareholders .
" Just as importantly the quality and table service provided to client will be further enhance by the amalgamation as the businesses exploit together seamlessly . "
A multi - disciplinary team from Squire Patton Boggs including corporate married person David Milne and Paul Mann , incarnate director Rebecca Holden and banking partner Tom Telford provided legal advice on the merger and fundraising .
Jon Robinson , of Parisi Tax , allow for tax advice . Clarion provided legal advice to Thincats .
beginning : The Business Desk
