M&A Deal Summary

31st Street Capital Acquires Flooring Expo

On January 1, 2020, family office 31st Street Capital acquired business services company Flooring Expo

Acquisition Highlights
  • This is 31st Street Capital’s 1st transaction in the Business Services sector.
  • This is 31st Street Capital’s 2nd transaction in the United States.
  • This is 31st Street Capital’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2020-01-01
Target Flooring Expo
Sector Business Services
Buyer(s) 31st Street Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Flooring Expo

Blaine, Minnesota, United States
Flooring Expo is a flooring company located in the Minneapolis/St Paul area with 11 showroom locations and two Trade Direct Showrooms. Flooring Expo was formed in 1946 and is headquartered in Blaine, Minnesota.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

31st Street Capital

Investor Investor Investor Investor Investor

Category Family Office
Founded 2018
Size Small
Type Sector Agnostic
DESCRIPTION

31st Street Capital is a family-backed investment firm focused on acquiring lower middle-market companies. The Firm targets profitable businesses throughout the US with $15 to $50 million in revenue and valued between $2 and $10 million. 31st Street is a generalist investor however the firm will not invest in hospitality, franchises, restaurants, or businesses with high customer concentration. 31st Street Capital was formed in 2018 and is headquartered in Lincoln, Nebraska.

DEAL STATS #
Overall 2 of 5
Sector (Business Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 5
State (Minnesota) 1 of 1
Country (United States) 2 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Floor Source

Phoenix, Arizona, United States

Floor Source is an Arizona family-owned and operated flooring company with three showroom locations. Floor Source is based in Phoenix.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-27 Total Flooring

Homer Glen, Illinois, United States

Total Flooring is a flooring company specializes in all types of flooring. Total Flooring was founded in 1992 and is based in Homer Glen, Illinois.

Buy -
Mergr

Product

Company

Legal