Floor & Decor to acquire Spartan Surfaces for $90m.

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.