BuildDirect.com Buys Superb Flooring & Design for $10 Milllion
BuildDirect.com Technologies, a purchasing and selling building materials online based in Vancouver, British Columbia, Canada, announced that it acquired Troy, Michigan-based full-service flooring retailer Superb Flooring & Design LLC for a total purchase price of $10 million.
Superb is an established brand name serving pro builder customers (home builders, condominium developers, commercial and residential contractors, interior designers, architects, and multifamily property managers) across the U.S. Midwest, which when compared with other pro customer segments tends to be more concentrated, and larger in size and scale, the company said. In the period ended September 30, 2021, Superb generated unaudited revenue of over USD $18 million and greater than $2 million in EBITDA in the trailing 12 months.