J+J Flooring & Engineered Floors
J+J Flooring has been acquired by Engineered Floors.
Decosimo acted as exclusive financial and sell-side advisor.
J+J Flooring Group. in its third generation as a successful family business, has been acquired by Engineered Floors, one of the fastest growing carpet manufacturers in the industry. Decosimo Corporate Finance acted as the exclusive sell-side advisor on this transaction.
Founded in 1957, J+J Flooring Group emerged as a leading designer and diversified manufacturer of commercial modular and broadloom flooring products for nearly 60 years. The company’s workforce includes 800 employees with operations spanning 1 million square feet of warehouse and manufacturing space in Dalton, Georgia. Now owned by Engineered Floors, the company will continue to produce premium flooring solutions. Engineered Floors was founded by Robert Shaw who previously led Shaw Industries, the world’s largest carpet manufacturer. Decosimo worked alongside the legal firm of Miller & Martin PLLC in the successful transaction.
“Our primary objective is to maximize our clients’ value, and J+J Flooring Group secured a deal which speaks to their worth and supports their future business goals,” said Tom Decosimo Managing Principal at Decosimo. “After representing more than 500 business owners on both a large corporate scale and a hyper-local level, we believe successful relationships start and end with valuable partners, and both clients walked away with that at the end of the day.”