Crossville, Inc.
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Crossville, Inc. - overview
Established
1986
Location
Crossville, TN, US
Primary Industry
Materials
About
Crossville, Inc. is a U. S. -based manufacturer specializing in high-quality tile solutions, including porcelain, ceramic, glass, and natural stone tiles, tailored for diverse markets such as residential, healthcare, and hospitality.
Founded in 1986 and headquartered in Crossville, Tennessee, Crossville, Inc. has established itself as a prominent player in the tile manufacturing sector. The company focuses on providing innovative tile solutions for various design applications and has undergone strategic development to enhance its product offerings and market reach. In October 2023, Crossville was acquired by AHF, LLC, a portfolio company of Paceline Equity Partners, although specific financial terms were not disclosed.
Crossville Inc. specializes in the manufacturing and design of premium tile solutions, offering a diverse range of products including porcelain, ceramic, glass, and natural stone tiles. Their core product offerings emphasize durability, sustainability, and aesthetic appeal, catering to market segments such as residential, healthcare, hospitality, multifamily, automotive, and education. The tiles are designed to solve various design challenges, providing users with functional and stylish solutions that enhance their environments.
Crossville's products reach multiple geographic markets across the United States, focusing on areas where high-quality design is prioritized, serving architects, designers, contractors, and homeowners who value the elegance and performance of these tile products. Crossville operates on a business-to-business and business-to-consumer transaction model, providing tile solutions through partnerships with retailers, wholesalers, and direct sales channels. Revenue is generated from the sale of various tile products, particularly flagship offerings such as the Sand Garden™ porcelain tiles and the CrossValue Program. Transactions typically involve bulk orders, ensuring functionality and style for diverse applications, though specific pricing details for product lines are not publicly disclosed.
Following the recent acquisition by AHF, LLC in October 2023, Crossville, Inc. is poised for expansion of its product offerings and geographical footprint. The company is strategically positioned to launch new tile products and enter additional markets, although specific details on upcoming products and targeted regions have not been disclosed. The acquisition is expected to facilitate these growth initiatives and strengthen Crossville's presence in the tile industry.
Current Investors
AHF, LLC
Primary Industry
Materials
Sub Industries
Steel & Metals, Masonry Materials, Glass
Website
www.crossvilleinc.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Crossville, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Crossville, Inc. | - | ||||||||
| Trade Sale | Completed | CAPCO Tile and Stone, Inc. | - |
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