Rainier-Backed SCI Flooring Acquires United Carpet

Rainier-Backed SCI Flooring Acquires Flooring Partners

August 5, 2025

Construction

Rainier Partners’ portfolio company SCI Flooring has acquired Flooring Partners as the platform’s third add-on, expanding SCI’s Midwest footprint onto the East Coast and strengthening its multi-family and commercial flooring capabilities. Flooring Partners, founded in 1990 and headquartered in Baltimore, will broaden SCI’s geographic reach across Maryland, Washington, D.C., Pennsylvania, Delaware, New Jersey and Ohio.

Rainier-Backed SCI Flooring Acquires Carpetbaggers, Inc.

June 25, 2024

Building Products

Rainier Partners' portfolio company SCI Flooring has acquired Carpetbaggers, Inc., a flooring distributor and installer serving the greater Indianapolis metro area. The add-on expands SCI's Midwest footprint into Indiana, increases exposure to the multi-family segment, and creates cross-selling and regional density benefits for the platform.

Rainier Partners Acquires Majority Stake in SCI Flooring

July 10, 2023

Building Products

Rainier Partners has made a majority investment in SCI Flooring, a Michigan-headquartered full-service floor covering provider operating in Michigan and Kansas. The transaction acquires the business from Corridor Capital, which had previously grown SCI through operational improvements and add-on acquisitions; Rainier will support geographic and operational expansion and continued M&A.

Pacific Avenue Capital Partners Acquires H.B. Fuller North American Flooring Business (Now TEC Specialty Products)

December 4, 2024

Building Products

Pacific Avenue Capital Partners has completed the acquisition of H.B. Fuller’s North American Flooring Business, which will operate as TEC Specialty Products. Headquartered in Aurora, Illinois, TEC manufactures flooring repair and installation products (adhesives, grouts, mortars and moisture mitigation systems) across six manufacturing facilities and three warehouses and will be positioned for growth under Pacific Avenue’s stewardship following the carve-out.

Rainier Partners Acquires Kleen-Tech Services

September 4, 2025

Industrial Services

Rainier Partners, a Seattle-based private equity firm, has acquired Kleen-Tech Services, a Denver-founded national janitorial and facilities services provider operating across more than 30 states with approximately 2,000 employees. Under Rainier's ownership, Kleen-Tech will pursue organic growth and strategic M&A while leveraging Rainier's SUMMIT value creation process; Piper Sandler advised Rainier and G2 Capital Advisors advised Kleen-Tech on the transaction.

Universal Woods (Capital Partners portfolio) Acquires R&D Coatings, LLC

January 31, 2020

Manufacturing

Universal Woods, a Capital Partners-backed manufacturer of hard-surface coated substrates, has acquired R&D Coatings, LLC, a Pittsburgh-based maker of electron beam (EB) and ultraviolet (UV) coatings. The deal brings R&D's proprietary, environmentally friendly coating capabilities and customer relationships into Universal Woods to accelerate product development and support Universal's growth plans as part of its private equity-backed expansion.