Interface announces pending sale of Bentley Prince Street

The management team of Bentley Prince Street is pleased to announce that it has entered into a definitive agreement to acquire the company from its parent, Interface, Inc. (NASDAQ: IFSIA), and return the distinguished commercial carpet manufacturer to a privately-owned entity. The transaction is expected to close in the coming few weeks. Management, making the purchase together with Dominus Capital, a private equity investment firm, plans to capitalize on the company’s over-thirty-year history of designing award-winning commercial carpet products to expand its broadloom, carpet tile and area rug businesses worldwide. In the coming year, Bentley Prince Street will be increasing its efforts to meet industry demand for innovation and performance, while reinforcing its legacy of design excellence.      

 “This upcoming chapter in our company’s history is exciting for our associates and our industry because we are setting big goals for growth that will provide a huge burst of energy for all of us,” said President and CEO Anthony Minite. “Bentley Prince Street has long been celebrated for design excellence and an entrepreneurial spirit, and that spirit is what motivates us to be better and stronger than our competitors.”