AUSTIN, Texas--(BUSINESS WIRE)--Impact Property Solutions (“Impact”), a Dallas, TX-based portfolio company of Blue Sage Capital (“Blue Sage”), is proud to announce its acquisition of Interior Concepts, Inc., an Arizona-based provider of flooring products and installation services to multifamily and commercial properties. Interior Concepts, which opened its doors in 1985, covers Phoenix/Scottsdale and other key markets in Arizona. Interior Concepts leadership will remain with Impact as we grow to other geographies to support Interior Concept’s and Impact’s customers on a broader scale.
This represents the fourth transaction since Impact began its partnership with Blue Sage at the end of 2020, further solidifying Impact’s presence in the Sun Belt as a leading multifamily flooring solutions provider. Impact will continue to build out its platform in Texas, North Carolina, Florida, Arizona, and across the broader Southeast and Southwest both organically and inorganically.
“We are very excited to welcome the Interior Concepts team to the Impact family,” said Kerry Jones, CEO of Impact Property Solutions. “Interior Concepts has a long-standing reputation for quality and service, which is a testament to the culture that the team has established. We believe Interior Concepts is a perfect fit for us as a partner, and we look forward to working with the team to expand Impact’s service capabilities to the growing Arizona market and beyond.”
“We at Interior Concepts are thrilled about our new partnership with Impact,” said Jason Doughty, Owner of Interior Concepts. “Kerry and I share great excitement for the opportunities that exist to serve the Arizona market and surrounding states, and I look forward to working with Impact to capture those opportunities.”
Blue Sage Capital initially invested in Impact at the end of 2020. Since then, Blue Sage has supported the strengthening of the Texas platform and helped facilitate four acquisitions across the Sun Belt. Jonathan Pearce, Partner at Blue Sage, noted, “The Interior Concepts team will be an excellent addition to the Impact platform and allows Impact to expand its coverage network to include an exciting, growing market. Kerry and his team continue to execute our strategic plan, which includes both organic and inorganic growth efforts, and we look forward to continuing to support the team in these initiatives.”
Impact is continuing to seek add-on acquisition targets that offer similar or complementary services in new markets.