M&A Deal Summary

Floor & Decor Acquires Salesmaster Flooring Solutions

On June 7, 2023, Floor & Decor acquired distribution company Salesmaster Flooring Solutions

Acquisition Highlights
  • This is Floor & Decor’s 1st transaction in the Distribution sector.
  • This is Floor & Decor’s 2nd transaction in the United States.
  • This is Floor & Decor’s 1st transaction in New York.

M&A Deal Summary

Date 2023-06-07
Target Salesmaster Flooring Solutions
Sector Distribution
Buyer(s) Floor & Decor
Deal Type Add-on Acquisition

Target

Salesmaster Flooring Solutions

Deer Park, New York, United States
Salesmaster Flooring Solutions is a flooring and installation supplies distributor servicing the Northeastern part of the United States. Salesmaster Flooring Solutions was founded in 1961 and is based in Deer Park, New York.

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Buyer(S) 1

Buyer

Floor & Decor

Atlanta, Georgia, United States

Category Company
Founded 2000
Sector Building Materials
Employees10,413
Revenue 4.5B USD (2024)
DESCRIPTION

Floor & Decor is a high-growth specialty retailer of hard-surface flooring, operating 140 warehouse stores in 32 states. The stores offer the industry’s broadest in-stock assortment of tile, wood, laminate, vinyl, and natural stone flooring along with decorative and installation accessories and adjacent categories. Floor & Decor was incorporated in 2000 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-13 Spartan Surfaces

Bel Air, Maryland, United States

Spartan Surfaces is a fast-growing commercial specialty hard-surface flooring distribution company that focuses on specifying and selling commercial flooring through the Architect and Design Community, end-users, and commercial flooring contractors. Spartan Surfaces was founded in 2007 and is based in Bel Air, Maryland.

Buy $90M