Paceline Equity Partners’ Acquisition of AHF Products

Ropes & Gray represented AHF Products and its majority owner American Industrial Partners in the sale.

Paceline Equity Partners announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners. Terms of the transaction were not disclosed.

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.

Paceline is a Dallas-based private equity manager focused on value-oriented, opportunistic, and special situations investments across private equity, corporate credit, and real assets. 

BofA Securities served as financial advisor to AHF Products.

The Ropes & Gray team representing American Industrial Partners was led by private equity partner Bob Rivollier (Picture) 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 partners Stefanie Birkmann (New York) and Dan Coyne (Boston), and litigation & enforcement partners Randall Bodner (Boston) and Sean Seelinger (London).

Involved fees earner: Alexandra Alperovich – Ropes & Gray; Peter Alpert – Ropes & Gray; Stefanie Birkmann – Ropes & Gray; Megan Bisk – Ropes & Gray; Randall Bodner – Ropes & Gray; Daniel Coyne – Ropes & Gray; Daniel Evans – Ropes & Gray; Tristan Evans-Wilent – Ropes & Gray; Aaron Harsh – Ropes & Gray; Ishan Jhingran – Ropes & Gray; Chrystal LaRoche – Ropes & Gray; Annise Maguire – Ropes & Gray; Bob Rivollier – Ropes & Gray; Sean Seelinger – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: AHF Products; American Industrial Partners;