Artivo Surfaces is a newly formed powerhouse in the flooring and tile industry, combining the strengths of four market-leading distributors: Galleher LLC, Tom Duffy, Trinity Hardwood, and Virginia Tile Company.

Investment Thesis

Initial platform company Galleher was a major western U.S. flooring distributor with customer and end-market diversity; with cost structure and supply chain improvements, any recovery in housing market is expected to flow through to bottom line. Subsequent opportunity to acquire expansive Midwest tile distributor and build larger platform, creating Artivo Surfaces.

• Although acquisitions were not part of initial thesis, three add-ons achieved a far larger geographic footprint and product portfolio spanning hardwood, tile, stone, and other categories
• Significant cost synergies identified from combining logistics, warehouses, human resources, and other back-office functions; cross-selling opportunity emerged as revenue driver
• Transom helped drive EBITDA expansion nearly 5x through organic growth and early M&A in just 18 months of ownership