- TM Capital served as exclusive financial advisor to Congoleum Flooring (“Congoleum”), a portfolio company of Simplon International Limited and Paul Frontier Holdings, in its sale to Beaulieu International Group (“B.I.G.”)
- Founded in 1886, Congoleum is a category-leading manufacturer of branded proprietary wide-width vinyl sheet, luxury vinyl plank and luxury vinyl tile whose continued product innovation has helped shape modern resilient flooring technologies
- Headquartered in Mercerville, NJ with production facilities in Marcus Hook, PA and Cedarhurst, MD, Congoleum serves long-tenured customers primarily in the manufactured housing, recreational vehicle and residential markets
- Founded in 1959 and headquartered in Waregem, Belgium, B.I.G. is a global, privately-owned industrial group that develops and co-creates flooring and material solutions, employing 4,500 people and serving customers in over 150 countries
- The acquisition significantly strengthens B.I.G.’s market position and operational footprint across North America, while expanding its product portfolio, manufacturing capacity and customer network
- With decades of experience, TM Capital is a market leader in the flooring and broader building products sectors, having completed numerous transactions and published authoritative industry research within the space
Client Testimonial
“We were referred to TM Capital based on their extensive experience and success within the flooring industry, and they proved to be an invaluable partner for our shareholder group and especially for our management team. They helped us showcase Congoleum’s strong market position and growth opportunity, provided substantial resources to our management team and brought their product and industry understanding – along with strong relationships with relevant strategic and financial buyers – fully to bear. They helped all parties navigate a successful cross-border closing with Beaulieu International Group, and we could not be more appreciative.”– Tom McKay, Simplon International Limited & Peter Venetis, Paul Frontier Holdings
