BuildDirect announces results, acquisition

BuildDirect Technologies Inc. said this week it has acquired Superb Flooring & Design LLC in a $10 million cash transaction. The Michigan-based flooring retailer serves pro customers across the U.S. Midwest.

At the same time, BuildDirect reported Q3 revenues of $22.4 million, up 51 percent from a year ago. Gross profit increased 48 percent to $8.1 million, compared to $5.5 million for the comparable period of 2020.