Centre Invests in Nearly Natural
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Centre Invests in Nearly Natural

Centre Partners has made an investment in Nearly Natural, an e-commerce platform that sells artificial plants, flowers, and trees.

Nearly Natural designs, imports, assembles and sells artificial plants, flowers, and trees to online retailers. The company has a diverse product portfolio with approximately 1,850 SKUs and provides logistics and drop-shipping to its e-commerce customers. Nearly Natural was founded in 2002 by its President Robbie Singer and is headquartered in Miami (www.nearlynatural.com).

“As we experience continued growth, we are excited to partner with Centre Partners, which brings the precise combination of industry knowledge, strategic insights, and relationships to help us achieve continued success,” said Mr. Singer. “Centre Partners clearly shares in our passion for the business and vision for continued growth.”

“From the outset, we were impressed with Robbie’s leadership and passion for the business, and excited by his vision for future success,” said Bruce Pollack, a Managing Partner of Centre Partners. “We see incredible potential in Nearly Natural over the coming years and look forward to our partnership.”

Centre Partners invests from $10 million to $50 million in North American based middle market companies that have $30 million to $300 million in revenue and $5 million to $40 million in EBITDA.  Sectors of interest include branded and private label consumer, and healthcare. Centre Partners was founded in 1986 and has offices in New York and Los Angeles (www.centrepartners.com).

“Our investment in Nearly Natural illustrates Centre Partners’ commitment to working with passionate founders and managers seeking to maintain a meaningful role in their business,” said Michael Schnabel, a Managing Director of Centre Partners. “Working with Robbie, we see significant potential to leverage our operating partner network and continue Nearly Natural’s growth trajectory through new product, customer, and channel introductions.”

© 2017 Private Equity Professional | December 20, 2017

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