Interior Specialists, Inc. Acquires DelGrosso Floor Covering, Inc.

CARLSBAD, Calif.--()--Interior Specialists, Inc., the leading provider of interior design and installation services for the homebuilding industry, has announced the acquisition of DelGrosso Floor Covering, Inc., located in Las Vegas, Nevada.

DelGrosso serves the residential and commercial building industry offering and installing flooring, countertop and cabinetry products to its customers. In addition, the company operates a Design Center to support their residential home builder customers.

Operating in the Las Vegas valley for over 25 years, DelGrosso was owned and operated by Joe Terrana, President and Chief Executive Officer, and Dominick Terrana, Chief Operating Officer. “Joe and his team have put together an amazing company built around providing a diversified product offering to their customers combined with a disciplined operational approach in the field,” says Alan Davenport, President and Chief Executive Officer of Interior Specialists, Inc. “As we look to grow our business, DelGrosso is exactly the type of company we want to partner with to increase our shareholder value.”

Joe Terrana stated, “It is always a difficult and emotional decision when you go through the sale process but, after spending time with Alan and the team at Interior Specialists, we are excited by what our company can bring to the table and we look forward to contributing to the achievement of their long-term strategic goals. Our team is excited about the future opportunities that lie before us.”

Mr. Davenport further commented, “Effective immediately, Joe will assume the position of President – Nevada Region for Interior Specialists, Inc., as we merge the businesses together. The diligence with which Joe manages his business is extremely impressive and we expect to gain significant benefits with him managing the combined Nevada business units.”

Interior Specialists, Inc. is distinguished as the country’s largest new construction interior finishing contractor, furnishing a wide array of products and installation services for single-family, multi-family and commercial builders. ISI supplies and installs flooring, cabinetry, countertops, window coverings and builder construction options, including appliances, to the residential and commercial builder trades. The company currently serves markets in Nevada, Arizona, California, Colorado, Idaho, Oregon and Washington.

Contacts

Interior Specialists, Inc.
Kenneth G. Leddon
Senior Vice President and Chief Financial Officer
(760) 804-6384

Release Summary

Interior Specialists, Inc. Announces Acquisition of DelGrosso Floor Coverings, Inc.

Contacts

Interior Specialists, Inc.
Kenneth G. Leddon
Senior Vice President and Chief Financial Officer
(760) 804-6384