💥New Chapter 11 Bankruptcy Filing - Mosaic Companies LLC💥
Another small and fast sale case.
On July 8, 2025, Suburban-Hotlanta-based Mosaic Companies, LLC (“Mosaic”) and 9 affiliates (collectively, together with Mosaic, the “debtors”) filed chapter 11 cases in the District of Delaware (Judge Goldblatt). Founded in ‘19, Mosaic is a partnership between debtor Surfaces Southeast, LLC (“Surfaces”)-founder Albert Claramonte and The Baupost Group L.L.C. (“Baupost”) with “… the goal of building a leading omnichannel platform in specialty wall, mosaic, and slab.” Hence the tiled company logo ☝️.
Consistent with that goal, Mosaic set out to build up and expand Surfaces’ tiles business through organic growth.
LOL, sorry, we tried but couldn’t keep a straight face. Nah, they did what any PE-backed company does: looked for other companies to buy. The first was debtor Walker & Zanger, LLC (“Walker Zanger”), a “… leading stone and tile design resource …” that Mosaic acquired in January ‘21. Here’s CEO and first day declarant Randall Jackson to tell us about the purchase:
“At the time, Walker Zanger was operating at a loss, with thirteen showrooms and seven warehouses resulting in surplus overhead costs. But Mosaic saw the value of the Walker Zanger brand and believed that it could restructure the business in a way that would rationalize the business and footprint and lead to profitability.”
