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 companyâs 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 emailed statement Monday. Last month, Interior Logic applied to list on the Nasdaq under the ticker â...
Source: bnnbloomberg.ca