August 4, 2011
New Haven, Connecticut – August 4, 2011 – Woodbridge is pleased to announce the sale of its client NAPA Home and Garden, Inc. to Teters Floral Products, Inc.
Napa Home and Garden Inc. manufactures and markets an extensive line of attractive home and garden decor to specialty retailers and trade professionals in the U.S. and Canada. Teters Floral Products imports, assembles and distributes artificial flowers to U.S. retailers.
Napa Home and Garden, a leading supplier of decorative ceramics and other accessories, is based near Atlanta, Georgia with showrooms in Georgia, Nevada and North Carolina. The company’s European inspired collections are sold to a variety of top-tier specialty stores, home and garden outlets, chain stores and furniture retailers.
Headquartered in Bolivar, Missouri, Teters’ products include stem flowers, domestically assembled wreaths and sprays, bushes, vines, garlands, swags, foliage, and other accessories. The company sells its products through chain craft and variety stores, chain stores, and independent craft and retail florists. Teters is owned by Tower Three Partners LLC, a private equity firm based in Greenwich, Connecticut.
Woodbridge is a marketing-driven M&A firm founded in 1993 and headquartered in New Haven, CT. The firm operates from 10 locations across the U.S. and has offices in the Netherlands, Mexico, Central America, South America and Canada.