Industrials | Mergers & Acquisitions

Parterre Sells Certain Assets to American Industrial Partners’ AHF Products

  • TM Capital served as exclusive financial advisor to Parterre Holdings, LLC (“Parterre”) in its sale of certain assets to AHF Products (“AHF”), a portfolio company of American Industrial Partners
  • Parterre is a leading independent designer, marketer and provider of luxury vinyl tile and plank (“LVT”) flooring products serving a broad range of end-use segments, including hospitality, retail, healthcare, multi-family and commercial real estate
  • Parterre has established a strong brand name over its 30-year history as a widely recognized LVT expert with a reputation for impressive design capabilities and a high-end, broad LVT product offering
  • AHF Products is the leader in hardwood flooring with a family of strong brands serving the residential and commercial markets. With decades of experience in award-winning wood flooring design, innovation, product development, manufacturing and service, AHF improves the quality of people’s lives through great products and a deep commitment to outstanding customer service. AHF flooring brands include Bruce, Hartco, LM Flooring, Robbins, Capella, HomerWood, Tmbr and Parterre
  • American Industrial Partners is an operationally oriented private equity firm founded in 1989 with over $7 billion of assets under management that focuses on buying and improving industrial businesses globally

Client Testimonial

TM Capital identified the ideal buyer for Parterre in AHF Products, a partner who shares our values of best-in-class product quality, design and customer service. The innovative Parterre product designs, along with the A&D community relationships, will add breadth to AHF, and we believe AHF’s strong customer base and rapid growth initiatives will help further expand the Parterre brand reach. We appreciate TM Capital’s expertise in guiding Parterre to a successful closing while navigating the challenging circumstances caused by the COVID-19 pandemic.”
- Ralph Grogan, CEO, Parterre Holdings, LLC