IRVINE, Calif.--(BUSINESS WIRE)--Interior Logic Group, Inc. (“ILG”) announces today the acquisition of Flooring Systems, a Houston, Texas based design studio services and flooring installation business. The acquisition adds ILG locations in all the major Texas markets to service the needs of our homebuilder partners across the state.
Flooring Systems has been a leading provider of flooring installation services for the Houston homebuilder market for several decades. They have an extensive history of serving their customers and effectively delivering solutions to build long lasting partnerships.
Camille Willson, the owner of Flooring Systems, will remain the Houston market leader for ILG and we look forward to her industry expertise joining our business. Heather Willson-Daniels will be leading the division’s commercial efforts as the Houston Sales Manager. We welcome the entire Flooring Systems team to the ILG family and are excited about our future together.
“The acquisition of Flooring Systems is essential for ILG to now fully complete our Texas go to market strategy. This will allow us to offer the same portfolio of interior finish solutions across all of Texas that we perform nationally as the industry’s leading provider,” said ILG President and CEO Alan Davenport. “We believe the combination of Houston market excellence with ILG’s national customer relationships and buying power will provide an opportunity to further accelerate our growth in the industry.”
ILG is jointly owned by Littlejohn & Co., LLC and Platinum Equity.
About Interior Logic Group, Inc.
Interior Logic Group, Inc., is the nation’s leading provider of Design Studio management and installation services operating in over 200 locations across the United States. ILG provides interior finish solutions to single family residential homebuilders, multi-family owner/operators, and fulfillment partners. Primary installation products include flooring, cabinets, countertops and window coverings. For more information about Interior Logic Group visit www.interiorlogicgroup.com.
About Littlejohn & Co.
Littlejohn & Co., LLC is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. The Firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.
About Platinum Equity
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately USD 13 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a USD 6.5 billion global buyout fund, and Platinum Equity Small Cap Fund, a USD 1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the last 23 years, Platinum Equity has completed more than 200 acquisitions.