Blue Sage Capital gains majority position in flooring products maker Americo Manufacturing Company
ACWORTH, GA, January 11, 2018-
Americo Manufacturing Company (“Americo” or the “Company”) is pleased to announce that Blue Sage Capital (“Blue Sage”) has become a majority equity partner in the Company. Headquartered in Acworth, GA, with additional facilities in Cartersville, GA and Los Angeles, CA, Americo is a globally recognized, leading manufacturer of floor maintenance pads as well as one of the top manufacturers of commercial and retail floor matting products in the USA. The Company produces a diverse range of high-loft, nonwoven products, which include floor maintenance pads as well as specialty fabrics which are utilized in a variety of industries. Aside from nonwovens, Americo also designs and manufactures a complete line of vinyl-backed, walk-off floor mats for use in industrial, promotional, retail, custom and specialty market applications.
Americo’s CEO, Lenny Shutzberg, commented, “We are delighted to be partnering with Blue Sage as we continue to grow our business from the solid foundation established nearly 50 years ago. Blue Sage’s expertise of investing in family-owned businesses, along with their vast strategic and financial resources, will provide us the ability to significantly increase the growth trajectory for our company.” Americo’s products are currently sold in all 50 states and in over 70 countries around the world.
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