Robbins Sports Surfaces Inc. (Cincinnati), the longtime sports flooring manufacturer, has been acquired by L2 Capital, a private equity firm. The terms of the acquisition were not disclosed.
Founded in 1894, Robbins has manufacturing and milling operations in Wisconsin and Michigan. A multi-generational family business, Robbins proprietarily sources a majority of its logs, then mills and manufactures them into sports and dance flooring. The company says it has been an innovator when it comes to sports floor safety and sells its portable floors directly to the NCAA and NBA.
“I am elated to partner with L2 Capital to continue Robbins’ growth,” stated Todd Braun, president and CEO of Robbins. “I believe that together we have an excellent opportunity to better serve existing and new customers in several flooring and activity related markets. We viewed L2’s operational approach, core values and financial results with companies in similar situations as significant differentiators.”
