Specialty Tile Products, Inc.
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Specialty Tile Products, Inc. - overview
Established
1992
Location
Norcross, GA, US
Primary Industry
Retail
About
Specialty Tile Products, Inc. is a tiling solutions provider, focusing on high-quality tile imports for commercial and residential markets, enhancing aesthetic and functional spaces. Founded in 1992 and headquartered in Norcross, US, Specialty Tile Products specializes in a diverse range of tiling solutions. The firm has not undergone any notable pivots or changes in business strategy since its inception.
Josette Callol and Scott Roy currently serve as the CEO. Specialty Tile Products (STP Tile) specializes in providing a diverse range of tiling solutions for commercial and residential markets. Their core offerings include seamless porcelain panels, pavers, ceramic wall tiles, and glass tiles, designed to meet the aesthetic and functional demands of architects, designers, and contractors. STP Tile focuses on enhancing flooring design and practicality through high-quality tile imports from trusted global suppliers, serving a wide clientele including commercial contractors, design professionals, and residential homeowners.
Their products cater to various applications, from high-traffic commercial spaces to stylish residential interiors, supporting a broad spectrum of design needs. Revenue generation for STP Tile is primarily facilitated through direct sales to B2B clients, including contractors and design firms, as well as sales through their showrooms to residential customers. The company provides a comprehensive selection of tiling products, enabling clients to select and purchase items that meet their project requirements. STP Tile offers installation systems and setting materials, ensuring a seamless experience from product selection to completion.
With over 800,000 square feet of tile inventory and 1,000 SKUs of setting materials, STP Tile ensures timely fulfillment of orders catering to both bulk commercial projects and individual consumer needs. In May 2017, Specialty Tile Products, Inc. was recapitalized by an independent sponsor for an undisclosed amount. The company is currently focused on designing and launching new product lines to enhance their current offerings.
Plans for expanding into new markets include targeting regions beyond the Southeast, although specific timelines have not been disclosed. The funding from the most recent deal will support these growth initiatives and aid in further product development.
Current Investors
Private Equity Sponsor Not Disclosed
Primary Industry
Retail
Sub Industries
Consumer Products, Home Improvement & DIY
Website
www.specialtytile.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Specialty Tile Products, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Specialty Tile Products, Inc. | - |
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