31st Street Capital acquires Illinois-based flooring company Total Flooring

US private equity firm 31st Street Capital has acquired Illinois-based flooring company Total Flooring for an undisclosed price.

Based in Homer Glen, Total Flooring is the third flooring company acquired by 31st Street Capital after the acquisitions of Floor Source in 2018 and Flooring Expo by Carpet King.

Total Flooring has been serving the Chicago area with its flooring products since 1992. Its 5,000sft showroom is said to provide a large selection of flooring solutions for commercial and residential projects.

31st Street Capital said that the acquisition of Total Flooring adds another strong performing business to its portfolio in a strategic marketplace with robust growth potential.

The private equity firm said that it plans to continue the growth of Total Flooring within its existing portfolio of flooring providers as well as through additional flooring acquisitions in major US markets.

31st Street Capital acquires Illinois-based flooring company Total Flooring. Logo courtesy of 31st Street Capital.

Nick Bock — owner and CEO of 31st Street Capital said: “31st Street Capital takes a long-term view on growth, and we believe that to achieve greatness in any business you have to focus on and invest in the people in those businesses. We will continue to seek opportunities where strong local businesses that can benefit from our investment of capital, coaching, and marketing expertise. It’s also critically important that they are culturally aligned with our mission and approach.

“Our team has a real passion for people and the businesses they run. We are wholly invested in supporting those businesses to enhance their growth and help them move towards the ultimate goal of being the dominant flooring company in their market.”