Dallas—An affiliate of Paceline Equity Partners, a Dallas-based private equity manager, has closed the acquisition of AHF Products, a leading North American hard surface flooring manufacturer.
“The company has seen incredible growth since its inception in 2019, and we are thrilled to be partnered with Paceline given our shared visions for growth and their team’s experience in the building products industry,” said Brian Carson, president and CEO of AHF. “Our valued customers, suppliers and employees drive the tremendous momentum within our business, and we look forward to continuing to support these stakeholders with accelerated growth in new products, brands and innovation.”
Headquartered in Mountville, Pa., AHF is the largest hardwood flooring manufacturer in North America and has experienced rapid growth across a range of additional flooring categories, including vinyl plank, laminate and commercial flooring products. The company operates eight manufacturing facilities, seven in the U.S. and one in Cambodia, and three domestic distribution facilities to serve customers through a multi-channel strategy that includes dealers, home centers and distributors around the world.
“AHF is primed to benefit from strong outlooks in residential repair and remodel spend and new residential housing construction, driven by an aging housing stock, record home equity levels and a severe inventory shortage from years of under-building,” said Sam Loughlin, CEO of Paceline. “Further, AHF’s domestic production capacity provides insulation from volatility around tariffs, duties and high shipping costs, which positions AHF well to continue providing superior customer service given the dislocated global supply chain.”
Leigh Sansone, chief investment officer of Paceline, added, “The Paceline team has extensive experience from our time together at a global private equity manager and a history of success in the building products industry, having completed six platform investments and over 40 bolt-on acquisitions. Our team will leverage its prior expertise, including long-standing industry relationships, to help AHF grow both organically and inorganically.”