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New Deal


Announced

Completed

Paceline Equity-backed AHF Products completed the acquisition of Crossville from Curran Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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porcelain tiles

Household Furnishings

United States

Private Equity

Completed

Single Bidder

Acquisition

Domestic

Majority

Private

Friendly

Synopsis

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Paceline Equity-backed AHF Products, a provider of wood flooring design, innovation, product development, and manufacturing services, completed the acquisition of Crossville, a US-owned and operated manufacturer of award-winning tile collections for residential and contract applications, from Curran Group, a holding company. Financial terms were not disclosed. “Adding a well-known and trusted brand like Crossville is a terrific complement to our legacy brands, including Bruce and Armstrong Flooring. Today, we are a more valuable supplier because we can package the high-touch service that our customers know us for with an even more diverse product offering. This will be a seamless transition for customers. AHF Products and the Crossville team will invest in the Crossville brand to expand its product offering and reach. Collectively, we will be a stronger, more capable organization with the ability to serve all our customers more effectively,” Brian Carson, AHF President & CEO.

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