Diverzify, a commercial flooring installation and interior services company, announced it will merge with Shaw Industries’ Spectra Contract Flooring and ProSpectra Contract Flooring. The merger will form one of the largest independent commercial flooring installation businesses in the world, with combined revenue of nearly $1 billion, the companies announced.
Diverzify, a commercial flooring installation and interior services company, announced it will merge with Shaw Industries’ Spectra Contract Flooring and ProSpectra Contract Flooring. The merger will form one of the largest independent commercial flooring installation businesses in the world, with combined revenue of nearly $1 billion, the companies announced.
The entities will continue to operate under their current brand names and will maintain a presence in every major U.S. market with 52 U.S. locations and a combined labor force of approximately 5,000.
"We're proud to see Spectra and ProSpectra become part of a financially strong contractor network where it will have more market flexibility and opportunity to serve new and existing customers," stated Vance Bell, executive chairman at Shaw. "As a major supplier to the commercial floor covering industry, Shaw looks forward to the future success of the combined entities."
Diverzify CEO Jordan Zmijewski will head the combined companies’ leadership team, which will include a combination of Diverzify and Spectra/ProSpectra executives. Spectra Contract Flooring President Jim Pels will transition to COO for the combined entity.
Diverzify brands include Diverzify+, RD Weis Companies, Floors by Beckers, Lane's Floor Coverings, Collaborative Turnkey Solutions (CTS), Kenny Floor Covering, CCS Floors, Kiefer USA, Select Prefab Solutions (SPS), Flooring Solutions, Epoxy S.I., and Pavilion Floors.
