Transom Capital Group, a middle-market private equity firm, has acquired Virginia Tile Company, a Midwest-based distributor of design-centric tile and accessories. Virginia Tile will be merged with Galleher, a major flooring distributor in the Western U.S., to create a national leader in the industry. The combined entity will be able to offer a broader array of products and services, enhancing their capabilities and reach across both residential and commercial markets. The leadership team will include Sunil Palakodati as CEO, Rick Coates as President of Galleher, and David Burke as CFO. This strategic move aims to leverage Transom Capital’s operational expertise and positions the new entity for significant growth.

Private Equity, Flooring and Tile Distribution, Building Materials,United States – Midwest, United States – West

https://www.globenewswire.com/news-release/2024/06/25/2903597/0/en/Transom-Capital-Backed-Galleher-to-Combine-with-Virginia-Tile-Expanding-Presence-Deepening-Expertise-Across-Surfaces.html