Rasa Floors, a multifamily flooring provider based in Carollton, Texas, announced it has acquired Floors First Nashville, a multifamily and investment property provider based in LaVergne, Tennessee. The acquisition was supported by Saw Mill Capital, the majority owner of Rasa and now the majority owner of the combined company.
In June, Rasa acquired Martin Greenbaum Company, Inc., a multifamily flooring services company headquartered in Baltimore, Maryland. MGC is a leading provider of multi-family flooring installation services. Rasa Floors operates in Arizona, Oklahoma and Texas, through its recent acquisition of Martin Greenbaum Company, and in New Jersey, New York, Pennsylvania, Maryland, North Carolina. The Floors First acquisition adds the state of Tennessee to its footprint.
“The acquisition with MGC moves us closer to our vision to be the leading flooring services partner to property management companies nationwide,” said Brad Rasa, president of Rasa Floors.
Travis Foltz, a principal at Saw Mill, remarked, “The acquisition of MGC provides immediate scale, access to highly strategic, population dense markets, and cross-selling opportunities with existing Rasa customers in new markets."