31st Street Capital Acquires Floors For Living
Houston, TX, September 16, 2021-31st Street Capital has acquired its fourth flooring company, Floors For Living, headquartered in Houston, Texas.
Floors For Living has been serving the Houston area since 2013. The company has a 34,000 square foot warehouse and corporate office as well as 22 additional showrooms that serve communities from Conroe to Lake Jackson. Started by Kurt Duitsman in 2013, Floors For Living expanded rapidly, adding 20 retail locations in their first five years.
31st Street Capital purchased its first flooring company, Floor Source, in 2018. The second acquisition, Flooring Expo by Carpet King is based in Minneapolis, Minnesota. The third flooring company, Total Flooring, Inc., is located in the suburbs of Chicago, Illinois.
The acquisition of Floors For Living adds another strong performing business to 31st Street Capital's portfolio in a strategic marketplace with rapid growth potential. This acquisition brings 31st Street Capital's flooring revenue to approximately $85,000,000 in 2021. It is the intent of 31st Street Capital to continue its growth both within its existing portfolio of flooring companies as well as through further flooring acquisitions in major U.S. markets.
31st Street Capital is a family-owned Holding Company that was founded in 2018, by Nick and Erin Bock.