Fabulous Floors, Inc., a Dallas-Fort Worth metro area-based dealer and installer of commercial and residential flooring, received an investment of undisclosed amount.
NewSpring, a family of private equity funds, via its NewSpring Mezzanine, the firm’s dedicated mezzanine strategy, made the investment alongside Tightrope Capital and Pouilly Investment Company.
The company intends to use the funds to strengthen its position within its existing geographic footprint and expand into new markets and geographies.
Founded in 1987 by Joel Alhadef, President, Fabulous Floors focuses primarily on the commercial segment and provides a broad spectrum of flooring products used in renovation, replacement and expansion work, and new construction projects.
The company offers products from manufactures including Shaw, Daltile, Mannington, Mohawk and others and has completed projects throughout Texas, Oklahoma, Arkansas, Louisiana, Florida, Massachusetts, Georgia, Virginia, California and Oregon.
Fabulous Floors also has satellite locations in other areas of Texas, and an additional office in Bend, Oregon.
FinSMEs
31/08/2018