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Select Interior Concepts to Sell Its RDS Segment to

Transforms balance sheet to debt-free, strong net cash position providing significant financial flexibility Concentrates efforts on maximizing value in the stone and tile distribution market and expands margin profile ATLANTA, May 09, 2021 (GLOBE NEWSWIRE) -- Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and distributor of interior building products, today announced that it has entered into a definitive agreement to sell its Residential Design Services segment (“RDS,”)...
United States Alan Davenport Architectural Surfaces Group Capital Markets Alston Bird Kirkland Ellis

Select Interior Concepts to Sell Its RDS Segment to Interior Logic Group for $215 Million

Select Interior Concepts to Sell Its RDS Segment to Interior Logic Group for $215 Million $215 million purchase price provides attractive valuation for RDS and to shareholders Transforms balance sheet to debt-free, strong net cash position providing significant financial flexibility Concentrates efforts on maximizing value in the stone and tile distribution market and expands margin profile ATLANTA, May 09, 2021 (GLOBE NEWSWIRE) — Select Interior Concepts, Inc. (NASDAQ: SIC), a premier instal...
United States Alan Davenport Architectural Surfaces Group Capital Markets Alston Bird Kirkland Ellis

Why Select Interior Concepts Stock Is Trading Higher Today

Select Interior Concepts (NASDAQ:SIC) shares are trading higher after the company announced it entered into a definitive agreement to sell its Residential Design Services segment to Interior Logic Group for $215 million. "We will continue distinguishing ourselves by our innovative technology and commitment to grow with our customers through trusted partnerships and relationships," said Chief Executive Officer Alan Davenport of Interior Logic Group. Select Interior Concepts Inc is a diversified ...
Alan Davenport Concepts Inc Residential Design Services Logic Group Select Interior Concepts Interior Logic Group

Emily Grene Announces Launch of EG Community, New Director

Emily Grene Announces Launch of EG Community, New Director News provided by Share this article Share this article LOS ANGELES, April 13, 2021 /PRNewswire/ -- Emily Grene Corporation announced today the launch of their new division, EG Community, and the hiring of new senior management. EG Community is Emily Grenes rebranded service for production home building clients, integrating engineering and electrical services with construction and installation for clients. This division will focus on pro...
Emily Grene Burke Ewers Logic Group Ueg Community Emily Grene President Chief Executive Officer Burke

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Blackstone to buy interior logic for $1.6B in housing bet

Blackstone Group Inc. is buying Interior Logic Group Inc. for about $1.6 billion including debt, preempting the company’s initial public offering and bolstering a bet on single-family housing. Private equity funds managed by Blackstone are acquiring the interior-design technology provider from a…
Littlejohn Co Logic Group Inc Blackstone Group Inc Blackstone Group Interior Logic Group Platinum Equity

Blackstone To Buy Interior Logic For $1.6B

Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Blackstone to buy Interior Logic for $1.6B Seller is group that includes private equity firms Littlejohn & Co. and Platinum Equity National / TRD Staff   Blackstone is targeting another recession-resistant business. The private equity behemoth plans to buy the design technology company Interior Logic Group for a...
United States Keith Larsen Littlejohn Co Logic Group Interior Logic Group Interior Logic

Blackstone to Buy Interior Logic Group for $1.6 Billion

Blackstone to Buy Interior Logic for $1.6 Billion in Housing Bet Interior Logic is an interior design technology provider that also offers supply chain and installation management services to homebuilders. Bloomberg | Feb 02, 2021 (Bloomberg)—Blackstone Group Inc. is buying Interior Logic Group Inc. for about $1.6 billion including debt, preempting the company’s initial public offering and bolstering a bet on single-family housing. Private equity funds managed by Blackstone are acqui...
United States Seth Meisel Vikram Suresh Littlejohn Co Invitation Homes Inc Logic Group Inc

Blackstone to buy Interior Logic for US$1.6 Billion in housing bet

Blackstone to buy Interior Logic for US$1.6 Billion in housing bet Melissa Karsh, Bloomberg News VIDEO SIGN OUT Blackstone Group Inc. is buying Interior Logic Group Inc. for about US$1.6 billion including debt, preempting the company’s initial public offering and bolstering a bet on single-family housing. Private equity funds managed by Blackstone are acquiring the interior-design technology provider from a group including Littlejohn & Co. and Platinum Equity, according to an email...
United States Seth Meisel Vikram Suresh Littlejohn Co Invitation Homes Inc Logic Group Inc

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