L.A. private-equity firm buys remainder of FTD and ProFlowers

Crain’s Chicago Business | Aug 23, 2019 at 5:34 PM
  • Flower-and-gift delivery business FTD was acquired by Los Angeles-based private equity firm Nexus Capital Management, the company announced in a statement today.
  • The $95 million acquisition includes FTD’s North American and Latin American florist and consumer business.
  • Nexus also announced in the release that Jeff Clarke will join FTD as executive chairman following previous leadership roles at Kodak, Travelport and Orbitz.