Mohawk Industries Acquires Foss Floors from Wynnchurch Capital

Lynx Equity Acquires Flooring Solutions, Inc.

May 3, 2018

Construction

Toronto-based private equity firm Lynx Equity Limited has acquired Livermore, California–based Flooring Solutions, Inc., the largest commercial non-union flooring contractor in the San Francisco Bay Area. Flooring Solutions' co-founder Rick Elfman will remain with the business for more than three years to ensure a smooth transition; the deal expands Lynx's existing flooring portfolio alongside its Portland Floor Solutions and G&W Commercial Interiors holdings.

Fortress Acquires Gyptech

November 27, 2024

Building Products

Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Gyptech, the Burlington, Ontario–headquartered designer and fabricator of gypsum wallboard and asphalt-shingle manufacturing equipment. The transaction (in which Gyptech management retains a minority stake) was announced as providing strategic support for global growth, scaling innovative technologies, and expanding aftermarket and energy‑reduction offerings; Wynnchurch Capital is the selling private equity sponsor. Moelis acted as Fortress's financial advisor and Evercore as placement agent on the financing.

Wynnchurch Capital Acquires Majority Stake in FloWorks from Clearlake

January 24, 2023

Industrial Services

Wynnchurch Capital has acquired a majority ownership of FloWorks International, LLC from Clearlake Capital, with Clearlake retaining a minority stake. FloWorks, headquartered in Houston, is a specialty distributor of flow control products and provider of technical MRO solutions; the recapitalization is intended to support continued organic growth and strategic M&A to expand the platform.

Lynx Equity Acquires Shehadi Commercial Flooring

June 10, 2021

Building Products

Lynx Equity Limited has acquired Shehadi Commercial Flooring, a fourth-generation Fairfield, New Jersey-based commercial and residential flooring company. The acquisition is an add-on to Lynx's Lynx Flooring Portfolio (LFP) and is intended to bolster portfolio synergies and expand the LFP's reach on the U.S. East Coast.

F9 Investments Acquires LL Flooring (219 stores)

October 1, 2024

Retail

F9 Investments, the private equity firm controlled by LL Flooring founder Tom Sullivan, completed a going-concern purchase of LL Flooring’s assets, acquiring 219 stores, inventory, the Sandston, Virginia distribution center, intellectual property and other assets. The transaction—completed through the court-supervised Chapter 11 process—preserves the business and keeps the acquired stores open while remaining locations continue closing sales.

Fiberworx (PET Fiber, LLC) Acquires Troy, LLC

August 4, 2020

Manufacturing

PET Fiber, LLC (doing business as Fiberworx) acquired Troy, LLC, a Harrisville, West Virginia manufacturer of non-woven fabrics, in a transaction that closed on August 4, 2020. The acquisition brings complementary product lines and manufacturing capabilities together to create a more diversified nonwoven supplier focused on automotive and industrial markets; terms were not disclosed.