Xpress Global Systems Acquired by Affiliate of Aterian Investment Partners
New York, NY, December 27, 2018-Aterian Investment Partners, a private investment firm, announces that one of its affiliates has acquired Xpress Global Systems (XGS).
Founded in 1986 and based in Chattanooga, Tennessee, XGS is the largest non-captive provider of rolled floorcoverings, including carpet, area rugs, turf as well as hard surface floorcoverings.
The company operates 28 service centers across the U.S., servicing over 3,000 customers.
XGS is the only national dedicated floorcoverings carrier and uses its expansive national network and expertise in transporting rolled goods, to bring timely delivery of service to its customers with industry leading low damage rates.