Diverzify+ (ACON-backed) Combines with Spectra Contract Flooring and ProSpectra from Shaw Industries

February 7, 2022

Diverzify+, a commercial flooring and facility services platform backed by ACON Investments, completed a business combination to acquire Spectra Contract Flooring and ProSpectra Contract Flooring (subsidiaries of Shaw Industries Group, a Berkshire Hathaway company). The combined company expands Diverzify's national footprint to approximately 52 locations, broadens its end-markets (healthcare, education, multifamily, government) and service offerings, and targets nearly $1 billion in revenue.

Buyers
Diverzify+, ACON Investments, LLC
Targets
Spectra Contract Flooring, ProSpectra Contract Flooring
Sellers
Shaw Industries Group, Inc., Berkshire Hathaway Inc.
Platforms
Diverzify+
Location
Georgia, United States
Transaction Type
Addon

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