Company: Teknoflor Holdings LLC
Industry: Flooring Distributor
Transaction: $29,000,000 Debt Facilities
Investor: PNC Business Credit and CVC Credit Partners
RMG’s Role: Sole Adviser to Teknoflor Holdings LLC
Teknoflor Holdings LLC is a distributor of sheet vinyl flooring products sold primarily in the hospital, educational and military markets. Teknoflor needed to arrange $29 million of debt capital in order to purchase the company. RMG arranged both the bank facility as well as the term loan facility.