About the Company
About the Seller
Based in Richfield, Utah, Pressed Petals was founded in 1989 by Chet and Lenita Thompson. Pressed Petals offers unique, high-quality products to scrapbooking and papercrafting enthusiasts. Its products include high-quality embellishments with pressed flowers, chipboard, and metals.
About the Buyer
H.I.G. Capital, L.L.C. is a leading private equity and venture capital investment firm with more than $3 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, and San Francisco, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. has extensive experience with financial restructurings and operational turnarounds. H.I.G. has completed in excess of 70 transactions. The firm currently has a controlling interest in more than 40 companies with combined revenues in excess of $5 billion.