Ropes & Gray Represents American Industrial Partners in Sale of AHF Products
Ropes & Gray represented AHF Products and its majority owner American Industrial Partners in the sale of AHF Products, the largest U.S. wood flooring manufacturer, to Paceline Equity Partners. Terms of the transaction were not disclosed. The transaction was announced in a press release.
AHF Products is the largest U.S. wood flooring manufacturer as well as a key player in vinyl plank flooring, laminate and commercial flooring products. American Industrial Partners is an operationally oriented private equity firm that has completed more than 100 transactions and currently has approximately $8 billion of assets under management on behalf of leading pensions, endowments, and financial institutions.
The Ropes & Gray team representing American Industrial Partners was led by private equity partner Bob Rivollier and private equity associate Ishan Jhingran (New York), and included tax partner Aaron Harsh (Boston) and tax associates Tristan Evans-Wilent (New York), private equity partner Daniel Evans (New York), real estate partner Peter Alpert (Boston) and real estate counsel Annise Maguire (Washington D.C.) and Chrystal LaRoche (New York), employment, executive compensation & benefits partners Alexandra Alperovich (New York) and Megan Bisk (Boston), leveraged finance partner Stefanie Birkmann (New York), litigation & enforcement partners Randall Bodner (Boston) and Sean Seelinger (London), and private equity associate Daniel Coyne.