Nemo Tile + Stone Acquires Tile Market of Delaware

June 1, 2022

Nemo Tile & Co., LLC, a Saw Mill Capital portfolio company, has acquired Tile Market of Delaware, a regional tile and stone distributor founded by the Watson family. The acquisition expands Nemo's presence into the mid-Atlantic market and adds proprietary brands, an online marketplace and stone fabrication capabilities to support retail, contractor and wholesale customers.

Buyers
Nemo Tile & Co., LLC (Nemo Tile + Stone), Saw Mill Capital LLC
Targets
Tile Market of Delaware
Sellers
Watson family (founders Kim, Tim and John Watson)
Platforms
Nemo Tile & Co., LLC (Nemo Tile + Stone)
Location
Delaware, United States
Transaction Type
Addon

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