<ul><li>Pacific Avenue Capital Partners has acquired the North American Flooring Business of H.B. Fuller Company for $80 million.</li><li>The acquired business will now operate as TEC Specialty Products, a provider of flooring repair and installation products.</li><li>TEC Specialty Products manufactures adhesives, grouts, mortars, and specialty surface preparation solutions for both commercial and residential applications.</li><li>The sale of H.B. Fuller's flooring business aligns with their strategy to consolidate its building and construction segments into a newly formed unit named Building Adhesive Solutions (BAS).</li></ul>

Pacific Avenue Carves Flooring Unit from H.B. Fuller

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