Dalton – BAMR Holdings, part of a family of companies owned by Lumber Liquidators founder Tom Sullivan, has agreed to purchase the assets and operations of Southwind Carpet & Hard Surface. The transaction is expected to close in the second quarter of 2021.
Following the purchase, Southwind executives Richard Abramowicz, executive vice president and chief marketing officer, and Richard Hatch, president, will retire. Bret Perkins, currently vice president of hard surfaces, will become president of Southwind.
BAMR Holdings includes Cabinets To Go, a specialist retailer of cabinets, cabinets and floors; Gracious Home, a retailer of luxury home goods; and Thos Baker, a supplier of beautiful garden furniture.
Perkins told FCNews that Cabinets To Go is a customer of Southwind’s hard surface products and is sold under the retailer’s XRP Flooring brand. Regarding the acquisition, he said, “there are many synergies around freight, particularly on the import side, combining the volumes of both companies for better service and rates, and domestically to supply our product to our existing dealers. There will be greater inventories of current products and additional products to better serve existing customers and target projects / builder / multi-family. “
Perkins said he, Jason Delves, CEO of BAMR, and Randy Lovelace, now executive vice president of sales for Southwind, have been working together in various flooring roles for 15 years.