has been acquired by
SCI Flooring is a leading, full-service provider of floor covering installation solutions in the Midwest.
SCI Flooring
Type
M&A Sell-Side
Description
Industries
Industrial
has been acquired by
SCI Flooring is a leading, full-service provider of floor covering installation solutions in the Midwest.
About
SCI Flooring, a portfolio company of Corridor Capital, is a leading, full-service replacement floor covering provider serving multi-family and commercial property managers and owners in the Midwest.
Situation
SCI Flooring and Corridor Capital engaged Croft & Bender to advise the Company through a full exclusive sale process. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process, and negotiate with buyers.
Result
Croft & Bender successfully negotiated the sale of the Company to Rainier Partners, a private equity firm that invests in lower middle-market businesses