Calder Capital, LLC is ecstatic to announce that Taylor Floor Covering of Elkhart, Indiana has been acquired by an Individual Investor.
Taylor Floor Covering is a retail and wholesale floor covering business located in Elkhart, Indiana. The company was established in 1990. The company founders, Dave and Jayne Steed, have worked tirelessly over the past 20 years to establish a reputable and successful business. Dave brought a wealth of experience in the flooring industry, having spent 10 years working in the field before following his dream to start his own company. Taylor Floor Covering sells a wide assortment of flooring materials to subcontractors and individuals. Ready to transition into retirement, Dave and Jayne engaged Calder Capital to find a successor.
Taylor Floor Covering was acquired by Marc Waite. Marc grew up in Michigan and lived in South Bend, Indiana for 26 years. He currently resides in South Carolina and owns Pool Services Corp. Marc has owned Pool Services since 2018 which is located in Myrtle Beach. Pool Services provides pool care and maintenance for residential and commercial properties in Grand Strand. Marc was eager to find an opportunity as he plans to relocate to the Granger, Indiana area to be closer to his children.
When asked what Marc looks forward most in this acquisition, he shared, “What I most look forward to with the acquisition is getting back to Northern Indiana and working with Midwest people. I am excited to learn the business, form new relationships, and continue Dave and Jayne’s legacy. I want to be sure we uphold their standard of customer service.”
Scott Nicholson of Calder Capital served as the lead Mergers and Acquisitions Advisor to Taylor Floor Covering.
“Scott and Calder are great to work with,” Marc commented. “They understand transactions from both sides and their assistance was vital to getting this deal done and to the finish line.”
“Dave and Jayne are shining examples of how prioritizing integrity and customer service can lead to incredible success. They have created a beautiful business and have consistently been among the most genuine sellers I’ve worked with. I’m excited for them as they embark on retirement and wish them all the best,” Scott Nicholson commented. “It was truly a pleasure working with Marc, and this opportunity presented itself at a great time for him. I’m glad that he will be able to relocate closer to his family and continue the values established by the Steed’s. I have no doubt that he will continue to succeed and wish him a smooth transition back to Indiana!”
Calder Managing Partner Max Friar commented on the transaction, “The acquisition of Taylor Floor Covering is a direct result of Calder’s marketing prowess. Calder has invested significantly in attracting all types of buyers – individual, industry, and financial – to its opportunities to ensure the best price, deal structure, and fit. Our confidential marketing got in front of Marc at the right time and place in his life where he was eager to jump on the opportunity. I am so pleased that we found the exact right fit for Dave and Jayne. Congratulations to all on a transaction well-executed!”
Calder Capital, LLC served as the exclusive Mergers and Acquisitions Advisor to Taylor Floor Covering.
About Taylor Floor Covering
Taylor Floor Covering differentiates themselves from the competition through their commitment to exceptional customer service and their extensive product knowledge. Taylor Floor Covering offers a wide range of current and top-quality products from leading manufacturers, ensuring that their customers have access to the best options on the market. The company holds a strong belief in the importance of offering valuable insights and guidance to their clients in order to help them make informed decisions about their flooring choices. Overall, Taylor Floor Covering is committed to delivering an unparalleled customer experience, and this commitment is reflected in every aspect of their business.
About Calder Capital, LLC
Calder Capital, LLC is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations.