Rainier Partners and SCI Flooring have acquired Flooring Partners to enhance their market presence and operational capabilities in the flooring industry, expanding their reach into the East Coast.

Information on the Target

Rainier Partners and its portfolio company, SCI Flooring ("SCI"), have announced their third add-on acquisition, Flooring Partners, aimed at strengthening its position as a leading flooring provider in the Midwest while expanding operations to the East Coast. Flooring Partners, established in 1990 and employee-owned since 2021, specializes in the sale and installation of flooring solutions for multi-family, commercial, and retail clients. The company is headquartered in Baltimore and operates in various markets including Maryland, the District of Columbia, Pennsylvania, Delaware, New Jersey, and, following the recent acquisition of Flooring Edge, Ohio.

Industry Overview in the Target’s Specific Country

The flooring industry in the United States is characterized by a robust demand across residential and commercial sectors. In recent years, shifting consumer preferences towards sustainable and durable flooring options have led to increased investments and innovations in the market. Companies like SCI Flooring are at the forefront of this trend, offering a range of both soft and hard surface flooring solutions.

The multi-family housing sector has seen significant growth, particularly as urban areas continue to evolve. This growth is fueled by increased demand for rental units, which in turn drives the need fo