Palladin Consumer Retail Partners ( PCRP ) ( pcrp.com ) announced an investment in Decowraps in partnership with Steven Tchira , Founder and CEO . The partnership will allow for Decowraps and its strong aged direction team with additional resources to expand its position as the leading flowered packaging companionship .
Decowraps was founded by Steven Tchira in 1999 , is headquartered in Miami , FL , and has additional excogitation , production , and distribution facilities in Colombia , The Netherlands , Ecuador , Kenya , and China . The company is a lead supplier to the floral manufacture , centre in the main on larger retail organizations and their suppliers worldwide . In - house excogitation and sample capabilities , globose sourcing , vertical integration , and personalized client service have enabled Decowraps to achieve superior recognition and event as a supplier of advanced packaging options for all levels of fresh cut flowers and potted plants . The company bring home the bacon its client with custom and bloodline designs including sustainable options and pride itself on satisfying all client requirement .
Palladin , plant in 1998 , has partnered with legion founders and executive squad to work up successful consumer platform . The portfolio team led by Mark Schwartz , CEO , and Anders Petersen , Managing Director , together with their manoeuvre partners , will mould tight with the company leave selling , fiscal , system , organisational development and other expertise to help direction with the next microscope stage of growth .
Steven Tchira , chief operating officer of Decowraps , said , “ The Palladin team wreak a riches of experience grow consumer steel in dissimilar mart sectors . Being able-bodied to work with them marks a vital next step in our growth strategy . Their expertise and livelihood will allow for originative insights and operational advance that will be instrumental in expanding our platform , include through acquisitions . ”
Mark Schwartz , CEO of Palladin , added , “ We are excited to partner with Steven and the total Decowraps team . They have build the leading floral packaging company , are well - respected in the industriousness and positioned to accelerate growth . We are sure-footed that , with additional capital letter and resource , we can work out together to significantly expand Decowraps ’ market position . ”
Anders Petersen , Managing Director of Palladin comment , “ We have been extremely impressed with the brass built by Steven . We have been exploring a kind of organic and accomplishment opportunities both in the United States and internationally and look forrad to working together . ”
Deerpath Capital Management provided debt financing for the transaction , as well as an unfunded acquisition line and revolving credit facility to support next maturation . Advisors to Palladin included Morgan , Lewis & Bockius for legal services , RSM US for accounting , Krauter & Company for insurance , Environmental Resources Management ( ERM ) for environmental , and Retail Technology Group for systems . The Company was apprise by Cowen and Company , as well as Proskauer for legal and Grant Thornton for answer for .
For more informationPalladin Consumer Retail Partners , LLC ( PCRP)www.pcrp.com
Decowrapswww.decowraps.com
