M&A Deal Summary

Diverzify Acquires Wright Commercial Floors

On June 10, 2024, Diverzify acquired building materials company Wright Commercial Floors

Acquisition Highlights
  • This is Diverzify’s 1st transaction in the Building Materials sector.
  • This is Diverzify’s 5th transaction in the United States.
  • This is Diverzify’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-06-10
Target Wright Commercial Floors
Sector Building Materials
Buyer(s) Diverzify
Deal Type Add-on Acquisition
Advisor(s) Footprint Capital (Financial)

Target

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.

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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 5 of 5
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Pennsylvania) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-14 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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