Announced
Financials
Tags
Friendly
United States
Private
Acquisition
Single Bidder
Domestic
Household Furnishings
Pending
carpets
home furnishings
Majority
Synopsis
Floor & Decor, a specialty retailer of hard surface flooring, agreed to acquire Spartan Surfaces, a distributer of home furnishing, for $90m. The transaction is expected to close in Q2 FY2021. "We have seen strong growth in our commercial business over the last several years by providing a simplified, reliable and lower-cost solution for commercial projects that leverages our merchandise sourcing and supply chain infrastructure," Tom Taylor, Floor & Decor CEO.
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