News

Fabian Couture

Valesco Invests in Express Home Services LLC

On November 27, 2019, Valesco Closed its Eighth Platform Investment out of Valesco Fund II


Jan 31, 2020

On November 27, 2019, Valesco closed its eighth platform investment out of Valesco Fund II. The transaction was a majority buyout of Express Home Services, LLC (“Express Flooring”) – a premier, regional provider of residential and commercial flooring solutions. Express, headquartered in Phoenix, AZ, is the dominant flooring provider in the area and possesses a deep management team that is excited for a partnership with Valesco.

Express Flooring offers its customers a complete range of the highest quality flooring products including carpet, tile, laminate, hardwood, stone, and vinyl plank from the industry’s top manufacturers. In the residential sector, the Company focuses solely on the home remodeling market and serves its residential customers exclusively through in-home sales. Express Flooring’s unique business model creates a compelling value proposition for the customer most notably through thorough efficient lead generation, comprehensive in-home appointments led by professional third party Design Consultants, transparent pricing, incentive programs, next-day installation with free furniture removal, and a lifetime installation warranty.

Valesco’s investment supports a control recapitalization of the existing ownership group and will support the continued growth of Express Flooring’s business in the Arizona market as well as expansion into new markets across the United States. Co-investors on the opportunity include Express management, Brookside Mezzanine Partners, Longhouse Partners & HighGrove Companies. Senior debt was provided by a Bank who is an investor in Valesco Fund II.

Valesco continues to seek investment opportunities to provide equity and subordinated debt for control buyout, recapitalization, minority, management buyout and mezzanine situations from Valesco Fund II. Express Flooring is a great example of relationship, partnership and creativity to find the best possible outcome for the business, the founding shareholders and Valesco. The company is poised for continued success and we could not be more excited to add Express Flooring to our growing portfolio.

Recent News

Interview: Patrick Floeck, Principal with Valesco Industries

Learn About Independent Sponsors in this Interview with Patrick Floeck, Principal at Valesco

Read More
Heather Hubbard Named Private Equity/Investment Professional of the Year

One of Valesco’s very own, Managing Partner Heather Hubbard, was named D CEO’s Private Equity/Investment Professional Of The Year

Read More
Q&A With Heather Hubbard

Read this Q&A to Learn About the Opportunities and Challenges that COVID-19 Has Introduced

Read More
Valesco Industries Successfully Exits Investment With Waterblasting Technologies

Valesco is Pleased to Announce The Successful Exit of Waterblasting Technologies, dba Hog Technologies (“Hog”) in a Sale of Our Interests to The Management Team, Who Already Held a Majority Interest In The Business

Read More
Podcast With Bud Moore

Listen to Bud Moore, Managing Partner, Speak on the M&A Masters Podcast

Read More
Heather Hubbard, Managing Partner at Valesco Named Top Dealmaker by D Magazine

One of Valesco’s Very Own, Managing Partner Heather Hubbard, Was Named One of the Finalists for the Top Dealmakers of the Year

Read More
Valesco Completes First Add-On Acquisition With T-H Marine

On January 17, 2020, T-H Marine Completed Its Tenth Add-On Acquisition, and First Since Valesco’s Investment

Read More
Valesco Invests in Express Home Services LLC

On November 27, 2019, Valesco Closed its Eighth Platform Investment out of Valesco Fund II

Read More
Valesco Reels in Seventh Investment Fund II With T-H Marine Supplies

The Transaction Was a Majority Buyout of T-H Marine Supplies, Inc., a Leader in the Recreational Marine, Boating, and Fishing Accessories Market

Read More

Commitment
Beyond Capital