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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,”) in an all-cash transaction to Interior Logic Group (“ILG”), a portfolio company of Blackstone. ...

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 installer and distributor of interior building products, today announced that it has entered into a defini...

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 product and service company that acts as an installer and distributor of interior building products ...

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 Grene's rebranded service for production home building clients, integrating engineering and electrical services with construction and installation for clients. This division will focus on providing end-to-end low voltage and electrical services, along with option consultation and construct...