Lynx, a private equity firm based in Toronto, Canada, announced it has acquired Resource4Floors, a commercial flooring company based in Fort Lauderdale, Florida. 

Resource has been providing commercial flooring solutions to general contractors and end-users in the education, healthcare, hospitality, and retail sectors since 1980. David Vernon, president of Resource4Floors, will remain in his current role. 

“As the third owner of Resource4Floors, ensuring the long-term survival and prosperity after my ownership has been my number one goal,” Vernon said. “Finding a partner truly committed to the continued growth, success, and preservation of our local culture were the keys to my decision. Throughout the process, Lynx has proven to be the right choice for our people and for taking us to the next level in being the dominant commercial flooring contractor in South Florida. We look forward to the future without limits on what can be accomplished.”

“As we have been actively building out the [Lynx Flooring Portfolio], we've developed strong criteria for acquisitions in this space and Resource was a great fit,” said Mujtaba Abidi, senior mergers and acquisitions associate, Lynx. "David is committed to a long-term relationship with Lynx and we are excited to support him and his team in growing this great business.”