Corridor Capital and Consolidated Flooring complete the add-on acquisition of Eastpointe Interiors

November 1, 2018 | Transactions

Los Angeles, CA – Consolidated Flooring, a Corridor Capital portfolio company, announced today the acquisition of Eastpointe Interiors (“Eastpointe” or the “Company”).

Eastpointe, headquartered in Grand Rapids, MI, is a leading distributor and installer of floor covering products for commercial properties in Western Michigan. Founded in the 1990s, the Company has consistently provided its customers with superior service and quality products and served as a valued distribution partner to some of the leading flooring manufacturers.

Corridor originally formed Consolidated Flooring in partnership with the management of SCI Floor Covering, Inc. (“SCI”), the leading distributor and installer of floor covering products to the commercial and multi-family markets in Michigan, to both broaden SCI’s product offerings and service capabilities in Michigan and build a best in class, regional leader capable of serving demanding clients throughout the Midwest. Bringing Eastpointe under the Consolidated Flooring umbrella marks Corridor’s and Consolidated Flooring’s second add-on acquisition in support of this broader strategic vision, the first being MC Flooring in Kansas City. Eastpoint’s owner and management team share in this philosophy and sought a partner with the culture, operational capabilities and transaction experience to facilitate a seamless ownership transition, ensure Eastpointe’s customers continue to receive the highest level of service and position the Company for accelerated growth in its core Western Michigan commercial market and new complementary segments.

“We are thrilled to have a new partner in Eastpointe and look forward to continuing to serve Eastpointe’s valued customers and to continue in our quest of building the best in class flooring installation and distribution company in the region,” said Dave Elberson, SCI’s President.

“We are enthused to have Eastpointe join the Consolidated Flooring platform – as with SCI and MC Flooring, Eastpointe has a long and established history of providing exceptional product quality and customer service in its core market,” said Corridor Capital Principal, Iman Navi. “We look forward to supporting Eastpointe and welcome them to the Consolidated Flooring family.”