M&A Deal Summary

QEP Acquires Capitol Adhesives

On May 9, 2005, QEP acquired furniture company Capitol Adhesives from Capitol USA

Acquisition Highlights
  • This is QEP’s 1st transaction in the Furniture sector.
  • This is QEP’s 1st transaction in the United States.
  • This is QEP’s 1st transaction in Georgia.

M&A Deal Summary

Date 2005-05-09
Target Capitol Adhesives
Sector Furniture
Buyer(s) QEP
Sellers(s) Capitol USA
Deal Type Divestiture

Target

Capitol Adhesives

Dalton, Georgia, United States
Capitol Adhesives provides flooring services.

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Buyer(S) 1

Buyer

QEP

Boca Raton, Florida, United States

Category Company
Founded 1979
Sector Manufacturing
Revenue 252M USD (2024)
DESCRIPTION

QEP engages in the manufacture, marketing, and distribution of a line of specialty tools and flooring-related products. QEP was founded in 1979 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 5
Sector (Furniture) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 2
Country (United States) 1 of 4
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-12 ArborCraft

Johnson City, Tennessee, United States

ArborCraft LLC is a provider of a broad line of hardwood flooring including prefinished engineered plank, prefinished solid flooring and unfinished parquet along with related moldings and accessories.

Buy -

Seller(S) 1

SELLER

Capitol USA

Dalton, Georgia, United States

Category Company
Founded 1981
Sector Apparel/Textiles
DESCRIPTION

Capitol USA, LLC manufactures flooring accessories, adhesives, seam tapes, and accessories in the United States.


DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1