JMH Capital has sold Parterre to Tower Three

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that it represented JMH Capital (“JMH”) in the sale of Parterre Flooring Systems, LLC (“Parterre” or the “Company”) to Tower Three Partners. Terms of the transaction were not disclosed.

Founded in 1991 and headquartered in Wilmington, Massachusetts, Parterre is a designer and marketer of luxury vinyl tile and plank (“LVT”) in the United States. The Company’s broad selection of flooring solutions authentically mirrors the look of granite, marble, limestone and wood, as well as metallic surfaces and other unique finishes. Parterre serves commercial construction end markets, including retail, healthcare, corporate office, hospitality, multi-family housing, and education. For more information about Parterre go to www.parterreflooring.com.

This transaction represents another important deal for Lincoln’s highly active Building and Infrastructure Group, which has now closed 26 merger and acquisition transactions globally since the beginning of 2015. “Lincoln is a leader in the building products industry with strong expertise in flooring,” said John Nies, Managing Partner of JMH. “They managed an efficient process that led to a great outcome for Parterre’s management team and shareholders.”

Lincoln acted as the exclusive investment banking representative for JMH and Parterre in this transaction, working closely with the Company’s management team throughout the sale process. This included managing the preparatory, marketing and diligence phases of the process.

  • 2017
    Close Year
  • Building Products | Industrials
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries

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