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New Deal


Announced

Completed

The Sterling Group-backed Artisan Design Group acquired Dixie Carpet Installations.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

flooring

Private

Friendly

United States

Building Materials: Other

Majority

Completed

Single Bidder

Synopsis

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The Sterling Group-backed Artisan Design Group, a dealer of flooring products and services, providing design, procurement, installation and quality control of flooring and complementary products for homebuilders and multi-family developers, acquired Dixie Carpet Installations, a leading provider of flooring installation and replacement services to existing and new-construction multi-family properties across Texas. Financial terms were not disclosed. "Artisan Design Group is excited to partner with Dixie Carpet Installations. We are confident that the Dixie team can build on its strong legacy of excellence and continue to grow beyond its current footprint. Dixie significantly expands our relay capabilities, allowing us to better serve our multi-family customers," Larry Barr and Wayne Joseph, Co-CEOs of ADG.

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