Companies

PKF advises Bloom & Wild on second international acquisition

Led by Sam Phillips and Vanessa Raindre, the members of PKF’s international network provided a full suite of buyside support services

PKF Francis Clark has advised Bloom and Wild, an online flower and gifting platform, on its second international acquisition.

The takeover of French online florist Bergamotte, which was completed for an undisclosed sum, marks a further expansion to the group’s European footprint.

Bloom and Wild’s French operations have now more than quadrupled, with Bergamotte also recently expanding into the German market.

Led by Sam Phillips, transactional services director at PKF, and Vanessa Raindre, tax lawyer and MD legal in Paris, the members of PKF’s international network provided a full suite of buyside support services.

The deal follows Bloom and Wild’s earlier acquisition of Dutch company Bloomon, which was also advised by PKF.

Phillips said: “This is an exciting deal which cements Bloom & Wild’s position as the biggest online operator in Europe’s flower and house plant market.

“We are delighted to have assisted the management team with another high-profile cross-border acquisition, delivering financial and taxation due diligence, completion mechanism and sale and purchase agreement (SPA) advisory support in collaboration with our colleagues in the PKF International network.”

Sophia Meadows, finance director at the flowers retailer, added: “We were delighted to have the opportunity to work with PKF again on the purchase of Bergamotte. 

“As ever, the team provided invaluable support across two countries working to tight deadlines. We would not hesitate to work with PKF again in the future.”

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