Blue Sage Capital Invests in Impact Floors

Blue Sage Capital is pleased to announce its recently completed investment in Impact Floors (“Impact”). Headquartered in Dallas, Texas, Impact is a leading provider of quick-turn flooring and countertop replacement services to multifamily owners and operators across Texas. Under the leadership of Founder Reagan Stricklin, Impact has expanded its service offering to cover multiple aspects of the apartment make ready process, as well as its geographic footprint, which now includes five locations throughout the state of Texas.

Impact’s Founder, Reagan Stricklin, commented, “Our partnership with Blue Sage Capital represents the next step forward in our company’s history. The team at Blue Sage will help provide the capital and strategic resources to accelerate our growth as we seek to enter new markets to better serve our customers by offering high quality, consistent services throughout the Southern U.S.”

Jonathan Pearce, Partner at Blue Sage, stated, “We are thrilled to partner with Reagan, who will remain actively involved, as well as the core senior leadership team of Matt Lusk, David Hemenway, and Nick Lange to help Impact solidify its leading position in Texas and further expand its service offering and market coverage. Impact has invested in customized processes and systems, which distinguish the company from its peers and allow the business to serve as a platform that we can leverage for growth – through M&A and new market expansion. We couldn’t be more excited about this new partnership and the prospects for the business.”

Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Willis Towers Watson (Insurance), SCA Transaction Services, LLC (Accounting) and Cherry Bekaert (Tax, IT).

Impact was represented by Founders Advisors (Financial Advisor) and Exall Legal Advisors, PLLC (Legal).

  • About Blue Sage
  • Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable, growing, lower middle-market companies since 2002. Blue Sage currently has over $400 million of assets under management and seeks to partner with founders, families and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions or specialty services industries. Blue Sage typically invests $20 million to $40 million in control buyout investments and recapitalizations of companies with $20 million to $125 million of revenue.