- Tilebar was founded in 2006
- LVC partnered with TileBar in 2019
- AEA Investors backs the middle market
AEA Investors has acquired Inwood, New York-based TileBar, a flooring company, from LongueVue Capital. No financial terms were disclosed.
Tilebar was founded in 2006.
LVC partnered with TileBar in 2019.
On the deal, Ryan Nagim, managing partner at LVC, said in a statement, “Eli and the TileBar management team have been extraordinary partners. TileBar has realized transformative growth in a short period of time as a direct result of the team’s ability to execute Eli’s vision. The Company is a true disruptor in its respective categories, and we are excited to watch the Company’s continued success.”
William Blair & Company was financial advisor to TileBar on the transaction while Norton Rose Fulbright (US) LLP served as legal counsel.
Based in New Orleans, LVC invests in a number of industries that include specialty manufacturing, transportation and logistics, healthcare, business and industrial services, and food and beverage. It was founded in 2001.
AEA Investors backs the middle market.