BuildDirect.com Technologies Inc. acquired Substantially all of the operating assets of Tile Outlet of America from Tile Outlets of America, LLC for approximately $3.7 million.

BuildDirect.com Technologies Inc. (TSXV:BILD) acquired Substantially all of the operating assets of Tile Outlet of America from Tile Outlets of America, LLC for approximately $3.7 million on May 12, 2026. The consideration was paid in cash and is subject to customary post-closing working capital adjustments, including a 5% holdback. The acquisition is part of BuildDirect’s strategy to build a scaled North American omnichannel flooring and building products platform.

For the period ending December 31, 2025, Substantially all of the operating assets of Tile Outlet of America reported total revenue of $19.5 million.

BuildDirect.com Technologies Inc. (TSXV:BILD) completed the acquisition of Substantially all of the operating assets of Tile Outlet of America from Tile Outlets of America, LLC on May 12, 2026.