Cahill Represents 1-800-FLOWERS.COM, Inc. in Agreement to Acquire PersonalizationMall.com
Cahill advised 1-800-FLOWERS.COM, Inc. in its signing of a definitive agreement to acquire PersonalizationMall.com, a leading online retailer of personalized products that offers thousands of products available with a broad range of innovative personalization options. The acquisition, for $252 million in cash (subject to certain working capital and other adjustments), includes the PersonalizationMall.com website and its new, state-of-the-art 360,000 square foot production and distribution facility in Bolingbrook, Illinois. As a result of the acquisition, PersonalizationMall.com will become a wholly owned subsidiary of 1-800-FLOWERS.COM, Inc. The closing of the acquisition is subject to the satisfaction of customary closing conditions, including regulatory approval.
1-800-FLOWERS.COM, Inc. was advised by corporate partners Kimberly Petillo-Décossard and Ross Sturman, corporate associates Joe Rosati, Joe Cho and Tina Davis, executive compensation counsel Mark Gelman, tax partner Craig Horowitz, and tax associate Samir Kurani.