Metrics joins loan facility to Australia’s largest flower wholesaler Lynch Group
November 2018 – Metrics is pleased to join the loan facility to Australia’s largest flower wholesaler Lynch Group owned by Next Capital.
Lynch Group is Australia’s largest wholesaler of fresh cut flowers and potted plants and has been in operation for almost 100 years. The company is the primary supplier of flowers to supermarkets and florists throughout Australia.
Metrics has previously worked with private equity sponsor Next Capital including providing acquisition financing for their highly successful investment in debtor financier Scottish Pacific in 2015.
Lynch is a vertically integrated global business. It operates farms across Australia and China, as well as sourcing product from a broad range of domestic and offshore suppliers throughout all major global flower growing regions. It has distribution centres across all major Australian states.
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