M&A Deal Summary

Total Luxury Group Acquires Petals Decorative Accents

On March 10, 2008, Total Luxury Group acquired internet software and services company Petals Decorative Accents

Acquisition Highlights
  • This is Total Luxury Group’s 1st transaction in the Internet Software and Services sector.
  • This is Total Luxury Group’s 1st transaction in the United States.
  • This is Total Luxury Group’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2008-03-10
Target Petals Decorative Accents
Sector Internet Software and Services
Buyer(s) Total Luxury Group
Deal Type Add-on Acquisition

Target

Petals Decorative Accents

Ridgefield, Connecticut, United States
Petals Decorative Accents, Inc. sells decorative silk flowers, plants and trees, along with complementary decorative accents, which include mirrors, small furniture pieces, figurines, lamps and rugs.

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Buyer(S) 1

Buyer

Total Luxury Group

New York, New York, United States

Category Company
Sector Manufacturing
DESCRIPTION

Total Luxury Group, Inc. engages in the manufacture and sale of apparel to retailers and distributors worldwide through licensing and/or distribution agreements for the following brands: Pony, Huk-A-Poo, and Y Brands, Inc., which holds the licenses for Y Chrome and Type-Y.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1