JMH Capital Partners Announces the Successful Development & Sale of Parterre Flooring Systems

JMH CAPITAL PARTNERS (JMH) has divested PARTERRE FLOORING SYSTEMS, a leader in the luxury vinyl tile segment of the flooring industry.

 

Founded in 1991 and headquartered in Wilmington, Massachusetts, Parterre was one of the first designers and manufactures of luxury vinyl tile, plank, and sheet flooring products in the United States. It has grown into the premier design brand in its category, with distribution across a broad range of end-use segments spanning hospitality, retail, healthcare, multi-family, and corporate office. Parterre has been honored with numerous awards for product design and quality. Awards include ADEX Interior Design Best of Year, Buildings Magazine Editor’s Choice, and Floor Focus Magazine Favorite Resilient and Hard Surface Manufacturers.

 

During JMH’s ownership, the company grew rapidly through sales force expansion, and product development and design. Parterre was acquired by a prominent private equity firm with unique capabilities in building products and a commitment to continued market leadership and growth.

 

JMH CAPITAL PARTNERS is an operationally-driven, lower middle-market private equity firm that invests in a concentrated portfolio of US-based companies with the following characteristics.