Quad-C Management has invested in flooring products distributor Galleher Corp. The target will use the capital to grow organically and through acquisitions. Galleher's management team is keeping a stake in the company.

Los Angeles-based Galleher supplies hardwood, vinyl and laminate flooring to more than five thousand customers. The company also provides carpet installation services. Galleher has 23 locations throughout Califonia, Nevada and Arizona.

“This investment will provide the financial strength to usher in a new and exciting future for Galleher and grow the company both organically and through acquisitions," says Galleher president Jeff Hamar. Financial terms of the deal were not disclosed.

Quad-C, based in Charlottesville, Virginia, backs companies generating $75 million to $400 million in revenue. The middle-market private equity firm has invested more than $3.9 billion in capital across all funds since its start in 1989.

Quad-C raised its ninth investment fund in March, securing approximately $1.1 billion in capital commitments. The firm has made numerous deals in the past, including: the purchase of carpet manufacturer Stanton Carpet Corp. from Norwest Equity Partners; the completed acquisition of Rainbow Early Education Holding LLC from Spire Capital Partners; and the backing of Inmark Packaging.


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Demitri Diakantonis

Demitri Diakantonis

Demitri Diakantonis joined SourceMedia in 2015 and serves as Assistant Managing Editor of Mergers & Acquisitions and writes The Buyside column about corporate dealmaking, and also covers the consumer sector.