Centre Partners has made an investment in Miami-based Nearly Natural, a platform focused on designing, importing, assembling, and selling artificial plants, flowers and trees to online retailers. No financial terms were disclosed.
NEW YORK, Dec. 19, 2017 /PRNewswire/ — Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Nearly Natural, Inc. (“Nearly Natural”), a rapidly growing e-commerce platform primarily offering a broad assortment of artificial plants, flowers, and trees sold. Financial terms of the transaction were not disclosed.
Founded in 2002 by CEO Robbie Singer and based in Miami, Florida, Nearly Natural maintains unique design, product development, sourcing, assembly, fulfillment, and distribution capabilities. Nearly Natural offers a diverse product portfolio with approximately 1,850 SKUs, and provides logistics and drop-shipping expertise to a wide array of customers in the high-growth e-commerce channel.
“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.”
“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,” stated Robbie Singer. “Centre Partners clearly shares in our passion for the business and vision for continued growth.”
“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.”
About Nearly Natural
Headquartered in Miami, Florida, Nearly Natural is a leading platform focused on designing, importing, assembling, and selling artificial plants, flowers, and trees to online retailers. Founded by Robbie Singer in 2002, the Company maintains a diverse product portfolio and provides logistics and drop-shipping expertise to a wide array of customers in the high growth e-commerce channel. For more information, please visit www.nearlynatural.com.
About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 75 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available at www.centrepartners.com.