Swiff-Train’s management team will retain a significant ownership stake, according to the company. Sperry, Mitchell & Co. initiated this transaction, assisted in the negotiations and served as exclusive financial advisor to Swiff-Train.

 

Swiff-Train is a full-line supplier and distributor of floor covering products. The company offers a broad range of hardwood, vinyl, carpet, ceramic and laminate flooring products, as well as related flooring accessories. Swiff-Train also designs, sources, and markets its own branded line of luxury vinyl tile, called EarthWerks.

Stonebridge Partners was founded in 1986 as an operations-oriented private equity firm focused on recapitalizing and acquiring growing middle-market businesses ranging in value from $30 to $200 million.

For more information, visit swiff-train.com.