Paramount Global Surfaces (PGS) Acquires Stone Source

Platinum Equity Acquires Paramount Global Surfaces (PGS)

July 7, 2021

Building Products

Platinum Equity has acquired Paramount Global Surfaces (PGS) from Linsalata Capital Partners. PGS, headquartered in Miami, is an importer and distributor of proprietary porcelain tile and other hard surface floor coverings sold through brands Happy Floors and Ceramic Technics; Platinum Equity said it will pursue product, geographic and channel diversification and use PGS as a platform for add-on acquisitions.

Stonehenge Partners Makes Minority Growth Investment in Stratus Surfaces

October 1, 2023

Building Products

Stonehenge Partners has made a minority growth investment in Stratus Surfaces, an importer and wholesale distributor of natural stone, quartz and porcelain slabs. The capital will support Stratus's expansion into new U.S. markets and enable the company to pursue acquisition opportunities while partnering with its majority owners, Luke Spiller and Peter Pental.

Builders Source Inc. Sold to Private Acquirer

July 1, 2022

Retail

Peakstone served as exclusive M&A advisor to Builders Source Inc. on its sale to an unnamed private acquirer. Founded in 1993 and headquartered in Albuquerque, New Mexico, Builders Source is a regional distributor and showroom operator of home appliances and plumbing products serving contractors, designers and homeowners across the Southwest.

Sun Capital Affiliate Acquires Select Interior Concepts (renamed Architectural Surfaces Group)

October 21, 2021

Building Products

An affiliate of Sun Capital Partners has completed the acquisition of Select Interior Concepts and the business has been renamed Architectural Surfaces Group (ASG). ASG, headquartered in Austin, Texas, is a national importer and distributor of natural stone, engineered stone and tile with 22 distribution centers and 20 showrooms; Sun Capital intends to support growth, digitization and consolidation initiatives.

GW Capital Acquires US Marble & Granite, Rebrands as Granite Works Stone Design

October 4, 2021

Building Products

GW Capital, the management company led by Tony Nasrallah, acquired US Marble & Granite and rebranded the business as Granite Works Stone Design. The acquisition expands GW Capital's portfolio (joining Ground Works Land Design), establishes a 55,000 sq. ft. headquarters at 875 Crocker Rd. in Westlake, Ohio, and adds on-site stone fabrication and showroom capabilities for residential and commercial customers.

Construction Resources Acquires MVP Granite Countertops and Opustone LLC

May 8, 2025

Building Products

Atlanta-based Construction Resources Company, LLC has acquired two Southeast surface and stone businesses: MVP Granite Countertops (Charleston, SC area) and Opustone LLC (showrooms in Miami, Fort Lauderdale and West Palm Beach, FL). The acquisitions expand Construction Resources' geographic footprint in the southeastern U.S. and add slab fabrication/installation and luxury stone distribution capabilities to its product and service offering.