Artivo Surfaces, backed by Transom Capital, has acquired Tom Duffy Company to strengthen its position in the flooring industry and expand its product offerings nationwide.
Information on the Target
Artivo Surfaces, backed by Transom Capital, is strategically acquiring Tom Duffy Company, a renowned player in the flooring industry. With more than 70 years of experience, Tom Duffy Company has established itself as a trusted partner, providing an extensive range of installation materials, hardwood, luxury vinyl tile (LVT), and tile solutions. This acquisition not only broadens Artivo’s product portfolio but also enhances its capability to cater to diverse customer needs.
This strategic move is expected to significantly bolster Artivo's market position, as Tom Duffy Company adds valuable expertise and a robust customer base to Artivo's existing brands, which include Virginia Tile, Galleher, and Trinity Hardwood. The merger is aligned with Artivo's commitment to delivering innovative flooring solutions to both residential and commercial clients.
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Industry Overview in the Target’s Specific Country
The flooring industry in the United States continues to exhibit solid growth, driven by an increase in both residential and commercial construction activities. As home renovation projects gain popularity, demand for a variety of flooring
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Artivo Surfaces
invested in
Tom Duffy Company
in 2024
in a Buy & Build / Roll-Up deal