Founded in 1928, Virginia Tile is a premier specialty distributor of ceramic, porcelain, and natural stone tile and related products to the professional commercial and residential markets. The Company offers a robust portfolio (45,000+ SKUs) of design-leading, higher-end tile and related products to customers through its network of 17 award-winning showrooms and 16 strategically located distribution centers throughout the Midwest. Further, the Company has long-standing exclusive agreements in its territories with 30+ of the largest tile manufacturers in the world, which comprise the majority of its sales. Virginia Tile also sells across the U.S. to its blue-chip national account customers and offers a suite of private label tile products.
“Caltius worked efficiently to provide a package that met our specific financing needs and demonstrated a clear understanding of the industry and of the strategic plan and growth objectives of the Company. We enjoyed working with Caltius throughout the underwriting process and look forward to a mutually beneficial partnership”.
Sunil Palakodati, CEO of Virginia Tile