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Announced

Completed

The Sterling Group-backed Artisan Design Group completed the acquisition of Great Floors.

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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Single Bidder

Domestic

Friendly

Acquisition

flooring products

Private

United States

Majority

Private Equity

Building Materials: Other

Completed

Synopsis

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The Sterling Group-backed Artisan Design Group, a provider of flooring products and services, completed the acquisition of Great Floors, the largest provider of flooring products and installation services in the Northwest. Financial terms were not disclosed. "As the most-established player in residential and commercial flooring in the Northwest, we are committed to continued growth and believe joining forces with Larry and Wayne will help solidify ADG's position as the national leader in our industry," Doug Chadderdon and Jim McGee, Great Floors Co-Founders.

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