Deal for Carrollton company marks private equity’s latest bet on the U.S. building boom


Carrollton flooring company Fabulous Floors has received an investment from Pennsylvania private equity firm NewSpring and a pair of other dealers.

Fabulous Floors was founded in the late 1980s and focuses on flooring projects for commercial and residential properties. The company is riding the building boom in the Dallas-Fort Worth area and has a satellite office in Oregon.

The company’s president Joel Alhadef said in a prepared statement that the investment will help Fabulous Floors expand…

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