M&A Deal Summary

Versare Solutions Acquires Screenflex Portable Partitions

On September 19, 2023, Versare Solutions acquired furniture company Screenflex Portable Partitions

Acquisition Highlights
  • This is Versare Solutions’ 1st transaction in the Furniture sector.
  • This is Versare Solutions’ 2nd transaction in the United States.
  • This is Versare Solutions’ 1st transaction in Illinois.

M&A Deal Summary
Date 2023-09-19
Target Screenflex Portable Partitions
Sector Furniture
Buyer(s) Versare Solutions
Deal Type Add-on Acquisition

Target

Screenflex Portable Partitions

Zurich, Illinois, United States
Screenflex Portable Partitions is a manufacturer of portable room dividers and an innovator in the space-efficiency industry. Screenflex Portable Partitions was founded in 1988 and is based in Zurich, Illinois.

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Buyer(S) 1

Buyer

Versare Solutions

Minneapolis, Minnesota, United States
Category Company
Founded 2006
Sector Furniture
DESCRIPTION

Versare Solutions a manufacturer and e-commerce-based marketer of branded space efficiency and acoustical products. The company offers portable room partitions, privacy screens, workstations, and sound dampening products for use in a wide variety of applications and settings including schools, religious organizations, and healthcare facilities. Its branded products are manufactured at its Minneapolis headquarters and customizable to suit the needs of a highly diverse customer base. Versare Solutions was founded in 2006 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 2 of 2
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 EverBlock Systems

New York, New York, United States

EverBlock Systems LLC is a provider of modular room partitions, building blocks, and flooring. EverBlock’s portfolio of modular systems is designed for rapid deployment and easy installation. Its EverPanel and EverBlock product lines are used to build temporary and permanent walls, room dividers, and decor in a wide range of settings. The EverBlock Flooring line offers modular, interlocking flooring modules for events, tents, ice rinks, and more. EverBlock Systems was founded in 2015 and is based in New York City.

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