SSG Advisors is marketing some or all of BFG’s businesses and assets as a going concern. A joint venture of SB360 Capital Partners and Tiger Capital Group is assisting with the monetization of inventory, receivables, equipment and other assets. A&G Realty Partners is pursuing sales of three owned properties and interests in 16 leases. BFG described these as concurrent workstreams; its agreement with the liquidation consultants can be terminated if a going-concern transaction for all or substantially all assets warrants it. BFG’s first-day declaration
The court-approved schedule calls for BFG to designate any stalking-horse bidder by September 28. Qualified bids are due October 2 at 4 p.m. Eastern. An auction is scheduled for October 6 if competing qualified bids require one, followed by the October 14 sale hearing. BFG must complete any approved sale by October 22 under the current schedule. The order permits changes to deadlines, subject to its consent requirements; several key sale decisions also require the debtor-in-possession financing agent’s consent. Bidding procedures order
BFG Supply Co., LLC and 16 affiliates filed Chapter 11 petitions on August 18, 2026, in the U.S. Bankruptcy Court for the District of Delaware. The lead case is No. 26-11284. Its petition estimated both assets and liabilities between $100 million and $500 million; those are filing ranges, not appraised values or a sale price. Petition Bidding procedures order
The company distributes lawn and garden, greenhouse and nursery products to commercial customers in the United States and Canada. At filing, it reported about 11,000 commercial customers, 1,100 active suppliers and more than 100,000 stock-keeping units. First-day declaration
BFG attributes its distress to incomplete integration of acquisitions, sales-force turnover and tightening supplier credit. It reported consolidated revenue of about $581.5 million in fiscal 2025 and $536.5 million in fiscal 2026, a decline of about $45 million. Management said lower sales and inventory reduced availability under its asset-based revolver, while shorter supplier terms made it harder to replenish stock and fulfill orders. These are the debtors’ account of the decline. First-day declaration
BFG sought a revolving debtor-in-possession facility of up to $55 million from lenders represented by ACF FinCo I LP. Its financing motion proposed up to $22 million of availability upon an interim order and a refinancing of remaining prepetition revolving loans only upon a final order. The $55 million is a facility limit, not an amount shown to have been drawn. The bidding procedures order refers to an interim financing order.
The next test is whether bids preserve a viable business, produce greater value through separate asset sales, or combine the two. The approved process allows those alternatives to be compared; the sale hearing will address any resulting transaction. First-day declaration Bidding procedures order