BFG Supply Preps for Chapter 11, Cancels Fall Marketplace Expos

BFG Supply is preparing to file for chapter 11 in the coming weeks, according to sources in a report from Octus.com, which delivers credit news and updates. The company is expected to conduct a sales process in court with proceeds used to pay creditors, including lender Ares Management, the sources said.

“BFG Supply is working with Goodwin as legal advisor on a restructuring, including a potential liquidation, according to sources,” the Octus report states. “The aforementioned liquidation may be implemented on an out-of-court basis or through a bankruptcy filing, the sources said. Plans are not final and could change, the sources cautioned. The company is said to be laying off employees and declining new orders amid severe financial difficulties, sources said.”

BFG’s Marketplace Expos, set to take place this fall, have also been cancelled. On its Cvent page which includes Expo updates, BFG has posted the following:

“As BFG continues working towards resolutions to our current challenges in conjunction with our Restructuring partners at Reflect Advisors, we have reached the difficult decision to cancel our 2026 Marketplace Expo East and West. If you were planning on attending either event, we recommend cancelling your travel plans as soon as possible. We are notifying you now specifically so that you have the best chance of recovering costs while cancellation windows are still open. We apologize for any inconvenience this may cause.”

The Greenhouse Grower team will continue to provide additional updates on BFG Supply as they develop.