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Fireclay Tile Receives Significant Minority Investment From Provenance

Oct 26, 2021almost 4 years ago
Los Angeles

Description

Fireclay Tile, a leading direct-to-consumer tile company known for its handmade, artisan-quality products and pioneering vision to use business as a force for good, today announced it has received a significant minority investment from Provenance, a growth equity investment firm based in Los Angeles. The partnership with Provenance will help Fireclay grow its omnichannel model by quadrupling its Northern California factory, broadening its investments in brand and digital, opening new retail showrooms, and devoting more resources toward the Company's ongoing commitment to make a positive impact on the community and planet.

Company Information

Company

Fireclay Tile

Location

Los Angeles, California, United States

About

Fireclay Tile is a 200 teammate, direct-to-customer U.S. tile manufacturer and retailer. Founded in 1986, the company has been handcrafting beautiful, sustainable Ceramic, Handpainted, Brick, and Glass Tile and pioneering a digital first experience that makes it easy to specify and purchase beautiful tile. Fireclay is the only US tile company recognized as a B Corp for how they use Business as a Force for Good, and today are 30% Teammate Owned. With an innovative product, an ambitious team, and an inspiring mission, Fireclay is changing the way you think about tile. To learn more please visit http://www.fireclaytile.com

FundzWatch™ Score

74
Medium Activity