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WILsquare Capital Announces the Acquisition of Tri-State Wholesale Flooring, LLC
April 26, 2021 GMT
Jack Randazzo, Director, WILsquare Capital (Photo: Business Wire)
ST. LOUIS (BUSINESS WIRE) Apr 26, 2021
WILsquare Capital, a St. Louis-based private equity firm, announced today its portfolio company, Crown Products, Inc., has completed the acquisition of Tri-State Wholesale Flooring, LLC, a leading distributor of flooring products based in Sioux Falls, SD. Terms of the transaction were not disclosed.
Jack Randazzo, Director, WILsquare Capital (Photo: Business Wire)
“Our acquisition of Tri-State Flooring further solidifies Crown’s positioning as the premier flooring distributor in the Upper-Midwest. With the expansion of our product set and the tremendous operating capabilities Tri-State brings to our platform, Crown further distinguishes itself as the ‘go-to’ distributor of a
Alloc Signs New Distributor in Upper Midwest Alloc Signs New Distributor in Upper Midwest Racine, WI, June 27 Alloc, Inc. signed a new partnership with Tri-State Flooring, based in Sioux Falls, South Dakota.
Tri-State distributes to South Dakota, Montana, Wyoming and parts of Minnesota, Iowa, Nebraska and North Dakota. With the addition of Tri-State to its distribution network, Alloc is expanding its coverage in the Upper Midwest. Alloc’s partnership with Tri-State represents an exciting new chapter for our company, said Claes Wennerth, president of Alloc. Working together, we will expand opportunities in this vast region.
Tri-States President John Rozell said the new relationship shows great potential.