Charottetown, PE: Tops to Floors, a Prince Edward Island-based business providing custom cabinets, countertops and flooring, has been sold to new owners, effective January 31st, 2020. Previous owners David and Lisa VanDuinkerken, who started Tops to Floors twenty years ago, have sold the business to David Arsenault, Lucas Arsenault, and Mitch Arsenault, in a deal brokered by Confederation M&A.
Tops to Floors, a supply and installation brand, started with two employees in Summerside. Today, the business employs forty and operates in two locations; a showroom and manufacturing facility in Summerside and a showroom in Charlottetown.
“We’re extremely proud of the growth of Tops to Floors” says David and Lisa VanDuinkerken in a joint statement. “It’s been an honour designing and creating beautiful, livable spaces for Islanders for twenty years and we’re pleased to know the business will remain a family-owned business while employing exceptional staff who have been key to the business’s success and growth” they added.
New owners David Arsenault and Lucas Arsenault have construction backgrounds. Mitch Arsenault brings sales experience to the group. All three are from the Summerside area. “We’re excited to assume ownership of this quality business” they said in a joint statement. “We look forward to continually serving Prince Edward Island with beautiful custom solutions under the Tops to Floors name”.
Confederation M&A is a team of highly experienced mergers & acquisitions advisors doing business across Atlantic Canada with a head office in Charlottetown, Prince Edward Island. They’re the leading M&A firm in the region, specializing in automotive, technology, accommodations and retail business transactions. They work confidentially and in unison with accounting, valuation, and other specialists to find the best possible solutions for all parties.
Visit www.confederationgroup.ca to view previous successes.