ACON Investments-backed Diverzify to merge with Shaw Industries-backed Spectra Contract Flooring and ProSpectra Contract Flooring.

ACON Investments-backed Diverzify, a commercial flooring installation and interior services provider, agreed to merge with Shaw Industries-backed flooring services providers Spectra Contract Flooring and ProSpectra Contract Flooring. Financial terms were not disclosed. "We are very excited to bring three of the industry leaders together to create an unrivaled selection of service capabilities and deliver greater customer satisfaction and value. Spectra and ProSpectra, with their market presence and strong reputation for progressive, customer-centric service values, are the only businesses capable of completing our vision for a combined market-leading business," Jordan Zmijewski, Diverzify CEO.