Category: Luxury Vinyl Tile (LVT) Flooring
Transaction Type: Recapitalization, 2015
JMH Board Members:
• John Nies
• Scott Steele
• Michael Stanek
• Tate Bevis
Founded in 1991, Parterre is the product design and quality leader in the U.S. luxury vinyl tile (LVT) segment of the flooring industry. Parterre was one of the first LVT manufacturers in the United States, and has since grown into the leading design brand sold to a variety of end use segments, including hospitality, retail, health care, multi-family, and commercial office.
As the LVT segment of flooring has grown and matured over the last decade, the product offerings available in the market have become increasingly commoditized. In contrast, Parterre is a leader that provides truly differentiated product in terms of design and manufacturing quality. Independent research shows that architects and designers consistently rate Parterre as the foremost leader in visual attractiveness, design realism and clarity, scratch resistance, and durability.
Headquartered in Wilmington, MA, Parterre is the winner of multiple awards for product design and quality including: ADEX, Interior Design Best of Year, Buildings Magazine Editor’s Choice, and Floor Focus Magazine Favorite Resilient and Hard Surface Manufacturers. Parterre provides on a stocking basis over 200 SKUs of proprietary stone and wood grain patterns and colors, designed to meet the current and future needs of architects, interior designers, and property developers in North America.