M&A Deal Summary

Diverzify Acquires Wholesale Floors

On September 14, 2023, Diverzify acquired construction company Wholesale Floors

Acquisition Highlights
  • This is Diverzify’s 4th transaction in the Construction sector.
  • This is Diverzify’s 4th transaction in the United States.
  • This is Diverzify’s 1st transaction in Arizona.

M&A Deal Summary

Date 2023-09-14
Target Wholesale Floors
Sector Construction
Buyer(s) Diverzify
Deal Type Add-on Acquisition

Target

Wholesale Floors

Phoenix, Arizona, United States
Wholesale Floors is a provider of commercial flooring design and installation services for institutional and corporate clients in the greater Phoenix area. Wholesale Floors also distributes flooring products. Wholesale Floors was founded in 1979 and is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Diverzify

Atlanta, Georgia, United States

Category Company
Sector Construction
DESCRIPTION

Diverzify is a commercial flooring installation and related facility services provider with a national reach, servicing 49 states from the Company’s sixteen facilities. The Company serves a diverse array of customers in attractive end markets, including healthcare, education, multi-family, industrial, and government. Diverzify is based in Atlanta, Georgia.


DEAL STATS #
Overall 4 of 5
Sector (Construction) 4 of 4
Type (Add-on Acquisition) 3 of 4
State (Arizona) 1 of 1
Country (United States) 4 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 Spectra Contract Flooring

Norcross, Georgia, United States

Spectra Contract Flooring is a commercial flooring contractor in the U.S. that has doubled its outreach to 52 locations coast to coast, giving customers access to a powerful end-to-end logistics network with increased capabilities. With more than 400,000+ installations in its portfolio, the company strives to deliver consistency, excellence, and peace of mind on every single project, no matter how complex. Spectra Contract Flooring was formed in 1996 and is based in Norcross, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 Wright Commercial Floors

Pittsburgh, Pennsylvania, United States

Wright Commercial Floors offers a comprehensive range of services, including commercial installation, design and project management, surface care and maintenance, and specialized flooring solutions for athletic facilities, healthcare, hospitality, education, corporate, industrial, retail, and government sectors. Wright Commercial Floors is based in Pittsburgh, Pennsylvania.

Buy -