Sale to The Sterling Group

Industrial
Sale to The Sterling Group

Summary

Baird served as financial advisor to Artisan Design Group on this transaction

About

Artisan Design Group (“ADG” or the “Company”) a portfolio company of Dunes Point Capital, L.P. (“DPC”), has entered into a definitive agreement to be acquired by The Sterling Group (“Sterling”).

ADG is a leading value-added distributor of flooring products and services, providing design, procurement, installation and quality control of flooring and complementary products for homebuilders. ADG operates 39 distribution, design and service facilities and coordinates installation through over 800 independent contractors across 13 states. ADG is headquartered in Southlake, Texas.

Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial sector. DPC targets companies with enterprise values of up to $500 million.

Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical enterprise values of these companies range from $100 million to $750 million. Sterling has sponsored the buyout of 54 platform companies and numerous add-on acquisitions for a total transaction value of over $10.0 billion. Currently, Sterling has over $1.8 billion of assets under management.
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Industrial
Sale to The Sterling Group
Date
December 2018
Company
Artisan Design Group
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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