Floors Inc and Malibu Floors Merge

Grapevine, TX, December 23, 2016—Floors Inc and Malibu Floors have completed a successful sales transactions and merger.

Floors Inc and Malibu Floors announced the completion of two separate, successful sales transactions and a resulting merger. The private equity-enabled transactions have resulted in the formation of a new entity, which has strong capability in both the new single-family and new multifamily construction space under one umbrella. The new company, which will strive for continued growth, will retain existing staff and will be led by Larry Barr and Wayne Joseph.

Floors Inc concentrates on single-family home new construction and has locations in all major markets in Texas. Floors Inc is number 27 on the Floor Focus Top 100 list with estimated sales of $105 million.

Malibu Floors, operates nationally, and focuses primarily on the multifamily new construction flooring market. Malibu has grown to earn the 78th position on Floor Focus' Top 100 retailer list with estimated sales of $35 million.

Both firms are members of the FEI Group.