Platinum Equity to Sell Heat Controller to Lennox
Sale positions Heat Controller for continued growth Divestiture represents final exit of the firm’s investment in HVA...
Company Overview
- Paramount Global Surfaces (PGS) is a leading importer and distributor of premium porcelain tile and luxury vinyl tile used primarily in remodel and replacement projects by residential and commercial end users
- PGS goes to market through two distinct floor covering brands: Happy Floors, which sells into the residential market through a diverse base of more than 6,000 independent dealer customers throughout the United States; and Stone Source, which sells into the commercial market through its relationships with approximately 1,800 architecture and design firms, and 4,000 contractors/installers and corporate customers across multiple commercial and multifamily end markets
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