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

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCrossville, Inc.-
Trade SaleCompletedCAPCO Tile and Stone, Inc.-

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