Blackstone-backed Interior Logic Group to acquire the RDS unit of Select Interior Concepts for $215m.

Blackstone-backed Interior Logic Group, a provider of interior finish and design technology solutions, agreed to acquire the Residential Design Services unit of Select Interior Concepts, a premier installer and distributor of interior building products, for $215m. "We are very excited to continue executing upon our plans for strategic growth, and to welcome the RDS organization to ILG. This acquisition helps ILG to accelerate its growth in key markets, and to deliver greater value to our customers. We will continue distinguishing ourselves by our innovative technology and commitment to grow with our customers through trusted partnerships and relationships," Alan Davenport, Interior Logic Group CEO.