Teknoflor Holdings LLC secured $29 million in debt capital to support its acquisition and expansion efforts in the flooring distribution industry, backed by PNC Business Credit and CVC Credit Partners.
Information on the Target
Teknoflor Holdings LLC is a prominent distributor specializing in sheet vinyl flooring products, primarily serving sectors such as healthcare, education, and the military. The company's extensive knowledge and experience within these markets position it as a key player in providing reliable flooring solutions tailored to specific needs.
In recent years, Teknoflor has seen significant demand for its products, driven by an increased focus on quality and durability in environments such as hospitals and schools. The company's ability to effectively address the unique requirements of these sectors has further strengthened its market position.
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Industry Overview in the United States
The flooring distribution industry in the United States plays a crucial role in the construction and renovation sectors. It encompasses a wide range of
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Teknoflor Holdings LLC
invested in
Teknoflor Holdings LLC
in 2023
in a Venture Debt deal
Disclosed details
Transaction Size: $29M