Dec 17, 2010

Insight Equity Acquires Assets of the Berry Family of NurseriesSource: BFN

Insight Equity, a Dallas, Texas-area private equity fund, recently announced its acquisition of a controlling interest in BFN Operations LLC, which purchased substantially all of the operating assets of the Berry Family of Nurseries, which serves both big box retail stores and independent nurseries from its 13 growing facilities throughout the United States.

Insight Equity, a Dallas, Texas-area private equity fund, recently announced its acquisition of a controlling interest in BFN Operations LLC, which purchased substantially all of the operating assets of the Berry Family of Nurseries, including Tri-B, Zelenka, Judkins and Zelenka West nurseries (BFN). BFN is now one of the nation’s largest wholesale growers of perennial and woody ornamental plants with locations across the country. BFN serves both big box retail stores and independent nurseries from its 13 growing facilities throughout the United States.

“We believe this transaction positions BFN to succeed and grow while maintaining a commitment to delivering excellent customer service and superior quality,” remarked Bob Berry, CEO of BFN.

Chris Zugaro, a vice president at Insight Equity, stated, “We have been investigating the wholesale nursery sector for some time, and are excited about this investment and working with BFN’s industry-leading management to build long-term value.”