Paramount Global Surfaces (PGS) Acquires Stone Source
April 1, 2022
Paramount Global Surfaces (PGS), a Platinum Equity portfolio company, has acquired Stone Source from a group of investors led by Founders Equity. The add-on acquisition expands PGS's commercial and high-end residential surfacing offering and complements its existing Happy Floors and Ceramic Technics divisions as it builds a national flooring distribution platform.
- Buyers
- Paramount Global Surfaces (PGS), Platinum Equity
- Targets
- Stone Source
- Sellers
- Founders Equity (led a group of investors)
- Platforms
- Paramount Global Surfaces (PGS)
- Industry
- Building Products
- Location
- New York, United States
- Transaction Type
- Addon
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