Add-on Acquisition • Construction

SCI Floor Covering Acquires Carpetbaggers

On June 25, 2024, SCI Floor Covering acquired construction company Carpetbaggers

Acquisition Context

This is SCI Floor Covering’s 1st transaction in the Construction sector.
This is SCI Floor Covering’s 1st transaction in the United States.
This is SCI Floor Covering’s 1st transaction in Indiana.

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M&A Deal Summary
Date	June 25, 2024
Target	Carpetbaggers
Sector	Construction
Buyer(s)	SCI Floor Covering
Deal Type	Add-on Acquisition

Target Company

Carpetbaggers

Indianapolis, Indiana, United States

Carpetbaggers offers flooring installation services in the greater Indianapolis metro area. Carpetbaggers was formed in 1984 and is based in Indianapolis, Indiana.

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Buyer Overview 1

Buyer

SCI Floor Covering

Romulus, Michigan, United States

Category	Company
Founded	1980
Sector	Distribution

DESCRIPTION

SCI Floor Covering is a distributor and installer of floor covering products for the repair, maintenance, and restoration of commercial, healthcare, multi-family and insured residential properties in Michigan. SCI Floor Covering was founded in 1980 and is based in Romulus, Michigan.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Construction	1 of 1
Type: Add-on Acquisition	1 of 1
State: Indiana	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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