An affiliate of Paceline Equity Partners LLC, a private equity manager based in Dallas, has closed the acquisition of AHF Products (Mountville, Pa.), the largest producer of wood flooring in the U.S. The acquisition was originally announced in November.
An affiliate of Paceline Equity Partners LLC, a private equity manager based in Dallas, has closed the acquisition of AHF Products (Mountville, Pa.), the largest producer of wood flooring in the U.S. The acquisition was originally announced in November.
In addition to wood flooring, AHF also produces vinyl plank, laminate and commercial flooring. The company operates seven manufacturing facilities in the U.S. and one in Cambodia, and also has three domestic distribution facilities. Its flooring brands include Bruce, Hartco, LM Flooring, Robbins, Capella, HomerWood, tmbr, Hearthwood and Parterre.
The future vision for AHF is clearly additional growth. “The Paceline team has extensive experience from our time together at a global private equity manager and a history of success in the building products industry, having completed six platform investments and over 40 bolt-on acquisitions,” said Paceline's Chief Investment Officer Leigh Sansone in a statement. “Our team will leverage its prior expertise, including long-standing industry relationships, to help AHF grow both organically and inorganically.”
Brian Carson, AHF CEO, added, “The company has seen incredible growth since its inception in 2019, and we are thrilled to be partnered with Paceline given our shared visions for growth and their team’s experience in the building products industry.”