Rainier-Backed SCI Flooring Acquires Flooring Partners

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.

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-Backed SCI Flooring Acquires United Carpet

November 29, 2023

Building Products

Rainier Partners and its portfolio company SCI Flooring have acquired United Carpet, a full-service floor covering provider headquartered in Hazelwood, Missouri. The transaction is an add-on to SCI's flooring platform to expand geographic coverage and scale operations across the Midwest, particularly in the St. Louis and Chicago markets, and to strengthen the firm's multi-family, commercial, and residential installation capabilities.

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.

LFM Capital Acquires Rainier Industries

October 12, 2021

Manufacturing

LFM Capital, a Nashville-based private equity firm, has invested in Rainier Industries, a long-established manufacturer of residential and commercial shade, shelter and display solutions headquartered in Tukwila, Washington. The Campbell family will remain involved as minority owners while LFM plans to partner with management to drive growth and operational improvements; terms were not disclosed.

Rainier Partners Invests in Wilmar Corporation

January 6, 2022

Industrial Services

Rainier Partners, a Seattle-based private equity firm, has made a minority growth investment in Wilmar Corporation, a Kent, Washington-based supplier, distributor, and category manager of specialty tools and equipment for the automotive aftermarket and other end markets. The Cantalini family will retain a significant ownership stake while Rainier provides capital and resources to support product expansion, geographic growth, and strategic acquisitions.