Transom Capital Group (“Transom”), a non-public fairness agency, has introduced the profitable completion of its acquisition of Galleher, LLC a western regional distributor and producer of flooring merchandise that are bought underneath each company-owned and third-party manufacturers by way of retail, contractor, business, and different channels. Galleher goes to market with its personal manufacturers, together with Monarch Plank, in addition to underneath the manufacturers of main third-party producers.
Transom says they are going to work carefully with the prevailing administration workforce to drive operational effectivity, increase market attain, and discover new product improvement alternatives.
“We’re thrilled to welcome the Galleher manufacturers into the Transom Capital household,” mentioned Russ Roenick, managing associate at Transom. “We consider the residential and business flooring merchandise area has vital alternative for innovation and Galleher helps nearly the entire main manufacturers within the area. We acknowledge the great potential that the corporate holds, and we’re dedicated to supporting its progress as a market chief within the premium flooring merchandise phase. ”
“Galleher has a wealthy historical past within the flooring trade and we consider there are significant alternatives for progress,“ mentioned Steve Kim, principal at Transom. “Our plan is for the corporate to proceed to spend money on core markets with new product choices and capabilities, whereas additional increasing the corporate’s attain geographically.”
The corporate will function as an unbiased entity inside Transom’s portfolio of corporations. Transom says the acquisition will present Galleher with further assets, experience, and monetary backing to speed up its product innovation, increase into new markets, and deepen buyer relationships.
“Transom Capital’s spectacular observe file and dedication to effectivity by way of technological enhancements align seamlessly with our imaginative and prescient for Galleher’s future,” mentioned Ted Kozikowski, CEO of Galleher. “This strategic partnership will undoubtedly present us with the assets and experience wanted to propel our firm to new heights, permitting us to higher serve our prospects by way of cutting-edge expertise and enhanced effectivity. Collectively, we’ll proceed to uphold the excessive requirements that outline the Galleher model whereas exploring new avenues to exceed buyer expectations.”