PE-backed BFG Supply buys Gard’N-Wise

BFG Supply, which is backed by Incline Equity Partners, has acquired Gard’N-Wise Distributors Inc, a provider of lawn and garden products. No financial terms were disclosed.

PRESS RELEASE

Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, is pleased to announce its portfolio company, BFG Supply (“BFG or the “Company”), a provider of third-party and proprietary branded products to professional growers, lawn & garden centers and other green industry participants, has acquired Gard’N-Wise Distributors, Inc. (“Gard’N-Wise”).

BFG distributes a full line of products including containers, growing media, chemicals, fertilizer, seed and greenhouse equipment. With over 10,000 SKUs, the comprehensive product offering provides a differentiated, one-stop solution to the market. The acquisition of Gard’N-Wise significantly expands the Company’s geographic footprint and ability to serve customers in the Midwest, Southwest and Mountain West regions.

“The acquisition expands BFG’s geographic reach and brings together two great distribution platforms in the industry,” said Dave Daily, President and CEO of BFG. “Lawn and garden centers and commercial growers in the Midwest, Southwest and Mountain West regions have come to rely on Gard’N-Wise for dependable sourcing, product knowledge training and convenient warehouse delivery. The combination of BFG and Gard’N-Wise promises to bring even more value to customers of both companies.”

Tom Ritchie, Partner with Incline, added, “We are thrilled to close our first acquisition since partnering with the Company in January. BFG has strong future growth opportunities through further geographic and product expansion as well as additional add-on acquisitions.”