America's Best Carpet & Tile (ABCT), which provides full-service flooring solutions, has been acquired by Kansas City-based private equity firm Great Range Capital (GRC). The partnership will support ABCT's continued growth and expansion in both new and existing markets.
Founded in 1990 and headquartered in Memphis, Tennessee, ABCT provides flooring services to commercial and residential customers, with a primary focus on single family and multifamily rental property investors, owners and managers. The Company offers a broad range of flooring products and provides installation, cleaning and repair services. With a reputation for best-in-class quality and customer service, ABCT is a market leader and reliable partner to customers.
"Great Range Capital supports our vision for the company's future, and is fully invested in ABCT's growth, and we look forward to serving more customers in new markets while maintaining our leading service levels for existing customers," said Jeff Cantor, who will continue as an owner and CEO of ABCT.
"We're eager to bring ABCT's reputation for top-notch service and quality to new markets, both organically and through new partnerships," said Paul Maxwell, Managing Partner with GRC.