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

Paceline Equity Partners Affiliate Acquires AHF Products from American Industrial Partners

February 2, 2022

Building Products

An affiliate of Paceline Equity Partners has agreed to acquire AHF Products, the largest hardwood flooring manufacturer in North America, from American Industrial Partners. The deal — announced November 10, 2021 and closed in February 2022 — will position Paceline to grow AHF organically and via M&A while leveraging the company's manufacturing footprint and multi-channel distribution.

Pacific Avenue Capital Partners Acquires FLSmidth Cement (rebranded Fuller Technologies)

November 3, 2025

Industrial Services

An affiliate of Pacific Avenue Capital Partners has completed the purchase of FLSmidth’s Cement business from FLSmidth & Co. A/S. The acquired business will operate under the new name Fuller Technologies and will continue supplying capital equipment, digital and aftermarket services to the cement and industrial sectors with planned investment to accelerate growth and product development.

31st Street Capital Acquires Total Flooring, Inc.

June 1, 2021

Building Products

31st Street Capital, a family-owned holding company, acquired Total Flooring, Inc., a Homer Glen, Illinois-based flooring retailer and installer, on June 1, 2021. The transaction adds another showroom-based flooring business to 31st Street Capital's growing portfolio as part of its strategy to consolidate regional flooring companies and expand presence in strategic U.S. markets.

AHF Products Purchases Certain Assets and Armstrong Flooring Brand License from Armstrong Flooring, Inc.

July 27, 2022

Manufacturing

AHF Products has completed the purchase of certain assets of Armstrong Flooring, Inc., acquiring the rights to license the Armstrong Flooring brand and three U.S. manufacturing facilities in Lancaster and Beech Creek, Pennsylvania, and Kankakee, Illinois. The acquisition expands AHF's manufacturing footprint and commercial flooring position, bringing the company's total manufacturing sites to 11 and adding a legacy brand to its portfolio.

Pacific Avenue Forms Resin Solutions to Acquire Three Product Lines from TotalEnergies' Cray Valley

April 13, 2023

Manufacturing

Pacific Avenue Capital Partners has formed Resin Solutions LLC to acquire the Poly bd, Wingtack, and Dymalink product lines from TotalEnergies' Cray Valley in a corporate carve-out. The deal includes four U.S. production sites, one site in Italy, global customer relationships, and establishes Resin Solutions (headquartered in Exton, Pennsylvania) as a standalone specialty functional additives platform under Pacific Avenue Fund I, L.P.; Joan Braca and Anthony Glauser were named CEO and CFO.

H.B. Fuller Acquires HS Butyl Limited

August 6, 2024

Manufacturing

H.B. Fuller Company has acquired HS Butyl Limited, the U.K.-based manufacturer and distributor of butyl waterproofing tapes. The acquisition establishes H.B. Fuller's presence in the European waterproofing tape market, complements its existing butyl product line, and supports expansion of engineering adhesives solutions and global waterproofing tape growth.