Dec 2020 | Tennessee
Sports Floors Acquired By Private Investor
We are pleased to announce the sale of Sports Floors, Inc. to a Private Investor. The acquisition closed December 28, 2020.
Located in Memphis, Tennessee, Sports Floors installs and maintains specialty athletic flooring for schools, universities, churches, and athletic facilities throughout the Southern United States. The Company has experienced solid growth and continued profitability during its 20+ years in business and is well-positioned for continued growth.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Vice President, Mergers & Acquisitions, Jon LePage, successfully closed the deal. Senior Managing Director James Carr established the initial relationship with Sports Floors.
“Sports Floors is the leading athletic floorings provider in the Southern U.S. and 100% dedicated to customer satisfaction. This is the shared quality that new ownership will continue to provide to customers moving forward. The Sports Floors legacy will continue under new ownership, but the employees and management will remain the same,” said LePage.
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