Impact Property Solutions Acquires Cutting Edge Carpet
Austin, TX, May 9, 2022-Impact Property Solutions, a Dallas, Texas-based portfolio company of Blue Sage Capital, headquartered in Austin, Texas, has acquired Cutting Edge Carpet, a Florida-based provider of flooring products and installation services to multifamily properties and developers.
Headquartered in Orlando with additional operations in Jacksonville, Gainesville, and the broader northeast corridor of Florida, Cutting Edge opened its doors in 1997 and continues to be led by founders Lance and Joan Smith, who will be staying on with Impact.
Following Impact’s acquisition of Got You Floored in North Carolina in September 2021, this represents the second transaction since Impact began its partnership with Blue Sage at the end of 2020. Impact will continue to build out its platform in Florida, the Carolinas, and across the broader Southeast both organically and inorganically.