Chicago, IL – September 2010; Ball Horticultural Company has completed its acquisition of certain assets from a European-owned Company. The assets form a business relating to the breeding and production of superior quality flowering plants distributed to a wide variety of customers in the U.S. with additional opportunities to distribute outside of the U.S.
Terms of the transaction were not disclosed.
This transaction represents the third transaction within the past year on which City Capital has advised Ball.
About Ball Horticultural Company
Ball Horticultural Companyis an internationally renowned breeder, producer and wholesale distributor of ornamental plants. A family-owned business since it was founded in 1905, Ball has worldwide production, sales and marketing through its many subsidiaries on six continents.
About City Capital Advisors
City Capital is a results-oriented investment and merchant banking advisory firm dedicated to delivering business owners optimal performance in capitalizing on the value of their companies. Client engagements are managed by experienced senior bankers who have built successful practices at renowned investment banks, but sought a highly focused environment from which to advise their clients in a highly responsive manner. Advisory capabilities include mergers and acquisitions, typically in the $30 million to $500 million value range, leveraged recapitalizations, private capital formation for growth/acquisition/ownership transition, financial restructurings and managing direct investments. Long standing relationships with strategic buyers and financial sponsors with interests across a wide variety of industries enables City Capital to offer its clients unique and proprietary execution capabilities. Since becoming a FINRA registered broker-dealer in 2007, City Capital has successfully advised on transactions totaling in excess of $1 billion.