American Industrial Partners Considers Sale of Flooring Maker AHF Products
(Bloomberg) -- American Industrial Partners, a New York-based private equity firm, is considering a sale of AHF Products, according to people familiar with the matter.
The buyout firm is working with an adviser on an auction that could value the Mountville, Pennsylvania-based flooring maker at as much as $1 billion, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company is expected to attract interest from other building-products providers and private equity firms, the people said.
Representatives for AIP and AHF didn’t respond to requests seeking comment.
AHF, which has revenue of about $300 million, makes and distributes solid wood, engineered wood, and stone-polymer flooring products under brands including Bruce, Hartco, LM, Tmbr, Capella, Homerwood, and Robbins, according to the company’s website.
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