– Shapes almost $1 billion independent provider of commercial flooring and interior services
– A diversified business portfolio provides stability in the face of varying market cycles
– National reach serves customers in all major US markets
– Capabilities to serve all end markets and substrate types, including multi-family
– Unique position to expand adjacent service offerings
CHICAGO, February 7, 2022 /PRNewswire/ — Diverzify, the innovative national leader in commercial flooring installation and interior services, and Spectra Contract Flooring and ProSpectra Contract Flooring, two divisions of Shaw Industries Group, Inc. and flooring resources interior industry’s most comprehensive commercial flooring systems, will combine to form the world’s largest independent commercial installation company with combined sales of nearly $1 billion, 52 locations in the United States, a workforce of approximately 5,000 artisans and a sales force of approximately 300 people serving more than 50,000 customers nationwide. With minimal existing overlap, the company will now have a branded presence in all major US markets to offer an unparalleled range of service capabilities. Both companies will continue to operate under their current brand names.
“We are excited to bring together three of the industry leaders to create an unparalleled selection of service capabilities and deliver greater customer satisfaction and value,” said Jordan Zmijewski, CEO of Diverzify. “Spectra and ProSpectra, with their market presence and strong reputation for progressive, customer-centric service values, are the only companies capable of delivering on our vision of a market-leading combined company.”
These market leaders bring a legacy of investment and improvement, providing a very stable financial foundation for the combined company. Together, Diverzify, Spectra, and ProSpectra bring unparalleled bonding capability, an industry-best EMR rating of 0.56, and the financial resources to execute multimillion-dollar megaprojects. With a strong financial footing, the company has the freedom to invest in strategic assets and growth opportunities, including people, equipment, facilities and complementary partnerships.
“We are proud to see Spectra and ProSpectra being part of a financially strong network of contractors where they will have more market flexibility and the ability to serve new and existing customers,” says Vance Bell, Executive Chairman of Shaw. “As a major supplier to the commercial flooring industry, Shaw looks forward to the future success of the combined entities.”
The company’s management team, led by the CEO Jordan Zmijewski, will be a combination represented by the executives of Diverzify and Spectra/ProSpectra. Jim Pels, president of Spectra Contract Flooring, will become the chief operating officer (COO) of the combined entity.
“Bringing these big companies together into a unified operation is really exciting,” Pels said. “As we look to the powerful potential of the combined company, we are firmly committed to maintaining the ongoing operational excellence that our customers have come to expect from Diverzify, Spectra and ProSpectra today and throughout the integration process.”
Bringing together the unrivaled talents of these organizations will create exciting opportunities in the industry. The new company’s scope creates new career paths, learning opportunities and geographic mobility for people entering or exiting the industry. “Both companies have become market leaders through the dedicated efforts of their employees,” said Hutch Smith, former human resources manager for Spectra and now human resources manager for the combined company. “To be the best service provider for our customers, we must strive to be the best employer for our employees.”
Formed in large part through the combined assets, operations and resources of commercial flooring industry leaders, Diverzify is an advanced model vertically integrated commercial flooring resource for commercial construction and property management professionals. facilities around the world. Currently represented by service locations across the United States with approximately 1,500 employees and service providers, the Diverzify business combines the quality of service of traditional craftsmen with advanced proprietary technologies to set a new service standard for the service industry. commercial flooring. Diverzify’s market brands include Diverzify+, RD Weis Companies, Floors by Beckers, Lane’s Floor Coverings, Collaborative Turnkey Solutions (CTS), Kenny Floor Covering, CCS Floors, Kiefer UNITED STATES, Select Prefab Solutions (SPS), Flooring Solutions, Epoxy SI and Pavilion Floors. For more information about Diverzify, visit https://www.diverzify.com.
About Spectra Contract Flooring and ProSpectra Contract Flooring
With 26 locations nationwide, Spectra Contract Flooring and ProSpectra Contract Flooring combined is the largest commercial flooring contractor in the United States. Spectra and ProSpectra have completed over 350,000 projects for over 100,000 satisfied customers, consistently delivering outstanding results. Spectra and ProSpectra offer a full range of commercial flooring installation services, from material selection and specification to project planning, procurement, installation, logistics and maintenance planning. Learn more at https://www.spectracf.com/.
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