An affiliate of Paceline Equity Partners, LLC has acquired AHF Products from American Industrial Partners.
AHF Products is a United States wood flooring manufacturer and market participant in vinyl plank flooring, laminate and commercial flooring products. The firm also sells under the nation’s leading brands including Bruce, Harto, LM Flooring, Robbins, Hearthwood and Parterre. AHF operates 8 plants, serves customers through 3 distribution locations and a multi-channel strategy including dealers, home centers and distributors.
“AHF Products, with its proven track record for growth, has built a comprehensive portfolio of trusted flooring brands and represents an attractive opportunity to continue to transform the industry,” added Sam Loughlin, CEO of Paceline.
“AHF Products has experienced incredible growth since inception and we’re thrilled to partner with Paceline with a shared vision of how we will take the business to the next level,” said Brian Carson, CEO of AHF. “Our tremendous momentum to date is a credit to our valued customers, suppliers, and employees. We will continue to drive value for our customers through new products, brands, and innovation.”
BofA Securities served as financial advisor to AHF Products. Ropes & Gray LLP is serving as legal advisor to American Industrial Partners.