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FocalPoint Closes Debt Financing for Nexus Capital Management

New York, NY — FTD Companies, Inc. (“FTD”), one of the largest and most trusted online florist and gift companies in the world, was acquired by an affiliate of Nexus Capital Management LP (“Nexus”), a Los Angeles-based private equity firm. The acquisition follows Nexus’ stalking horse bid for select assets of FTD through its bankruptcy process.