Mazzone advises Matter Surfaces on its sale to Gerflor
Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to Matter Surfaces (“Matter” or the “Company”) with respect to its sale to Gerflor Group (“Gerflor”).
Matter is a Massachusetts-based provider of branded architectural surface solutions and entryway systems for commercial use across a variety of end markets, with retail, corporate, education, hospitality, multi-family, and healthcare applications. The Company was founded in 1971 by Bob and Catherine Schiffmann as a provider of roll-out entryway mats for the local Boston market. In the five decades since its founding, Matter has developed into a leader in the specialty surfacing space with tens of millions of square feet of sustainable flooring installed across the United States and Canada.
Gerflor is a global provider of resilient flooring and surface solutions headquartered in Lyon, France, with operations in over 100 total countries.
“From the start, it was clear that Matter and Gerflor speak the same language: design-forward, customer-driven, and focused on delivering excellence,” said Benjamin Bachman, CEO of Gerflor North America. “This is not a story of change, but one of continuity and momentum. We’re excited to welcome the Matter team into the Gerflor family.”
Barry Hume, CEO of Matter Surfaces, added, “Joining Gerflor allows us to continue doing what we love most—serving our customers and supporting our associates—while gaining new opportunities to grow and scale. The Mazzone team led Matter and our shareholders through a complex negotiation during a period both when our company and industry have been rapidly evolving. Mazzone’s guidance and industry expertise proved invaluable in bringing this transaction to a successful outcome for all parties.” Mr. Hume will continue to lead Matter going forward.
Dustin Dawson, Director at Mazzone, noted, “It was a pleasure to work with the Schiffmann family, Barry, and the entire Matter Surfaces team. Matter is a premier brand in the sustainable surfacing space, led by a stellar management team. We’re excited to watch both companies thrive in their new partnership.”
Please contact Dom Mazzone at dmazzone@mazzoneib.com or Dustin Dawson at ddawson@mazzoneib.com for further information.
Blank Rome LLP served as legal advisor to Matter on the transaction. The terms of the transaction were not disclosed.
About Matter Surfaces
Matter surfaces is an industry-leading provider of branded surfacing and entryway systems with facilities in Massachusetts, Georgia, and New York. Throughout the Company’s 50+ year history, it has prided itself on promoting thoughtful design, holistic wellness, responsible sustainability, and unmatched service. The Company’s talented team maintains an unwavering dedication to the quality and dependability of its products. For more information, please visit www.mattersurfaces.com.
About Gerflor
Gerflor is a global leader in innovative, resilient flooring and surface solutions. With more than 80 years of experience, Gerflor designs, manufactures, and markets decorative and eco-responsible interior surfaces serving commercial environments in over 100 countries. Gerflor’s extensive product line caters to commercial healthcare, education, sports, and industry spaces. For more information, please visit www.gerflorusa.com.