Stafford, Texas—Redi Carpet recently acquired Philadelphia-based CMQ Floor Covering which will expand Redi Carpet’s footprint to 25 different locations in 15 separate states.
“The acquisition is in alignment with our nationwide growth strategy,” said Brian Caress, CEO, Redi Carpet. “It will further elevate Redi Carpet’s position as the largest multi-family flooring provider in the country.”
Redi Carpet will now offer its innovative products and unique value-added services to customers previously served by CMQ. In addition to having a large in-stock selection of products, Redi Carpet offers online account services, electronic invoicing and Redi-Link proprietary diagramming software to its customers.
“We are excited for the opportunity to expand into one of the premier multifamily housing markets in the country,” said Mike Mosley, senior vice president of Redi Carpet. “In addition to the Philadelphia metro area, this new branch location allows us to serve customers in Southern New Jersey and the greater Delaware Valley. CMQ has built a reputation for service in the local market and we believe this is a natural fit. Our first guiding principle is being customer obsessive, so we’re intent on raising the level of service to onsite property managers in the region.”
Stafford, Texas—Brian Caress was named CEO of Redi Carpet effective January 1, 2017. Caress took over as CEO as a result of the retirement of Greg Waleke, who had been with the company over 28 years. Caress has spent over 23 years at Redi Carpet during which time he has held numerous roles with increasing levels of responsibility. His father, Bruce Caress, started the business in 1981, in Houston, Texas.
“I am very excited about the opportunity to take Redi Carpet to the next level of growth,” Caress said. “My plan is to take Redi Carpet national with a coast-to-coast footprint serving the top multi-family markets in the country. We have the infrastructure and management team in place to execute this plan. I am very thankful to my father for having the confidence in me to carry on what he started over 35 years ago and I’d also like to thank Greg Waleke and Jerry Hosko, president, for their support in helping me prepare for this new role.”
Today, Redi Carpet is the largest multi-family flooring provider in the nation. The company operates in 24 cities and 14 states and finished 2016 with $230 million in revenue.
Stafford, Texas—Redi Carpet has acquired Got You Floored’s Wilmington, N.C. location. The acquisition marks the 24th Redi Carpet branch in the country.
The acquisition makes another strong contribution to Redi Carpet’s overall growth strategy. “It represents a tremendous opportunity for Redi Carpet as we continue to grow our company so that we are properly positioned to support all of our customer’s nationally,” said Brian Caress, Redi Carpet’s co-president.
The acquisition has also expanded Redi’s reach in the North Carolina market. Currently, Redi Carpet branches are located in Charlotte, Raleigh, and Greensboro/Winston-Salem. “After serving the Wilmington area from Raleigh for several years, we are excited for the opportunity to open a local branch,” said Mike Mosley, senior vice president of Redi Carpet. “This new location completes our coverage of North Carolina and allows us to serve customers in coastal South Carolina as well. The acquisition of Got You Floored’s Wilmington business allows us to welcome some great employees to the Redi Carpet team and build on their success. Our first guiding principle is being customer obsessive, so we’re intent on raising the level of service to onsite property managers in the region.”
Redi Carpet’s innovative product line and unique value-added resources will now be available to customers previously served by Got You Floored. In addition to having a large in-stock selection of products, Redi Carpet offers online account services, electronic invoicing and Redi-Link proprietary diagramming software to its customers.
Redi Carpet, an exclusive multi-family flooring contractor, said it has acquired Vanco Flooring LLC, a multi-family flooring contractor with Oklahoma locations in Moore and Tulsa.
“This acquisition represents a tremendous opportunity for Vanco Flooring and Redi Carpet. We continue to grow our company so that we are properly positioned to support all of our customers nationally” said Redi Carpet CEO Greg Waleke. “Vanco Flooring has a great reputation in the industry and a strong customer base. Like Redi Carpet, they have built a culture around excellent customer service.”
Jerry Hosko, Redi Carpet president, added: “The main benefit is going to be for our customers. The combined businesses help us with greater geographic coverage in the central region of the United States, further enhancing our capabilities. This enables us to deliver better service to our customer base. It’s an exciting time and another chance to strengthen our reputation as the top multi-family flooring contractor in the country. We intend to make the most of this opportunity.”
Nov. 18/25 2013, Volume 27/number 15
By Ken Ryan
Nick Freadreacea, president of The Flooring Gallery in Louisville, Ky., said he could remember the early days of the FEI Group—then known as FloorExpo—when “a small room of guys” gathered for a pep talk from organization leaders. Continue reading FEI Group members celebrate 15 years of success
Pasadena, Calif. — Measure Square (formerly Floor Covering Soft) will launch an iPad edition of its next generation flooring layout and estimating program for commercial and retail flooring contractors and dealers. This new app will supplement the desktop measure estimating flagship suites MeasureSquare 2013 (formerly FloorEstimate Pro) and will be presented on Jan. 29, 2013 at Surfaces in Las Vegas. Continue reading Measure Square launches iPad app to supplement software
While the builder market rebounds and the multi-family segment continues to thrive, FEI Group remains committed to providing its members with the resources they need to stay a step ahead of the competition. Continue reading FEI group launches performance workshop
Stafford, Texas – Redi Carpet, the nation’s largest exclusive multi-family flooring contractor has acquired One Source Services, a multi-family flooring contractor located in Salt Lake City, Utah.
The acquisition of One Source makes another strong contribution to Redi Carpet’s overall growth strategy. “This acquisition represents a tremendous opportunity for One Source and Redi Carpet. We continue to grow our company so that we are properly positioned to support all of our customers nationally,” states Redi Carpet CEO Greg Waleke. “One Source has a great reputation in the industry and a strong customer base. Like Redi Carpet, they have built a culture around taking care of customers.” Continue reading Redi Carpet announces acquisition of one source flooring solutions
STAFFORD, TEXAS—Redi Carpet has acquired Solar Contract Carpet of Carolina, a multi-family flooring contractor located in Charlotte, N.C. Continue reading Redi Carpet acquires Solar Contract Carpet of Carolina
—Redi Carpet has acquired Seagull Floors, a multi-family flooring contractor with locations in Atlanta, Ga.; Dallas, Texas; Charlotte, Raleigh-Durham and Winston-Salem, N.C., and Tampa, Fla. Continue reading Redi Carpet acquires Seagull Floors