Commercial Carpets of America Gets Private Equity
McClean, VA, March 2, 2010--Commercial Carpets of America has been recapitalized by Eureka Growth Capital and Shore Points Capital.
The financial terms of the acquisition were not disclosed.
CCA is the largest commercial floor coverings dealer in the Washington, D.C. area.
Primarily serving local, state and federal government customers throughout the U.S. and on military bases around the world, and commercial customers in the Washington, D.C. area, CCA focuses on complex projects to provide a turnkey flooring solution that includes project management, product selection, installation and flooring reclamation.
Since its founding in 1973, CCA has worked with more than 100,000 clients and has installed more than 90 million square feet of flooring products.
"This is a great moment for our company," said Mike Reinke, president of CCA. "Everyone at CCA is looking forward to capitalizing on the resources made available through our partnership with Eureka and Shore Points."
Eureka Growth Capital, headquartered in Philadelphia, is a private equity firm focused on supporting management teams of businesses with $10 million to $75 million in revenue in creative, flexibly structured transactions.
Shore Points Capital Management is headquartered in New York City. A private equity firm focused on middle-market transactions, Shore Points concentrates on manufacturing, service, and distribution companies located principally in North America with enterprise values from $20 million to $75 million.
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