Transom Capital Group (“Transom”), a private equity firm, has announced the successful completion of its acquisition of Galleher, LLC a western regional distributor and manufacturer of flooring products which are sold under both company-owned and third-party brands via retail, contractor, commercial, and other channels. Galleher goes to market with its own brands, including Monarch Plank, as well as under the brands of leading third-party manufacturers.
Transom says they will work closely with the existing management team to drive operational efficiency, expand market reach, and explore new product development opportunities.
“We are thrilled to welcome the Galleher brands into the Transom Capital family,” said Russ Roenick, managing partner at Transom. “We believe the residential and commercial flooring products space has significant opportunity for innovation and Galleher supports virtually all of the leading brands in the space. We recognize the tremendous potential that the company holds, and we are committed to supporting its growth as a market leader in the premium flooring products segment. ”
“Galleher has a rich history in the flooring industry and we believe there are meaningful opportunities for growth,“ said Steve Kim, principal at Transom. “Our plan is for the company to continue to invest in core markets with new product offerings and capabilities, while further expanding the company’s reach geographically.”
The company will operate as an independent entity within Transom’s portfolio of companies. Transom says the acquisition will provide Galleher with additional resources, expertise, and financial backing to accelerate its product innovation, expand into new markets, and deepen customer relationships.
“Transom Capital’s impressive track record and dedication to efficiency through technological enhancements align seamlessly with our vision for Galleher’s future,” said Ted Kozikowski, CEO of Galleher. “This strategic partnership will undoubtedly provide us with the resources and expertise needed to propel our company to new heights, allowing us to better serve our customers through cutting-edge technology and enhanced efficiency. Together, we will continue to uphold the high standards that define the Galleher brand while exploring new avenues to exceed customer expectations.”