M&A Deal Summary

Artisan Design Group Acquires Kermans Flooring

On July 11, 2018, Artisan Design Group acquired building materials company Kermans Flooring

Acquisition Highlights
  • This is Artisan Design Group’s 10th transaction in the Building Materials sector.
  • This is Artisan Design Group’s 10th transaction in the United States.
  • This is Artisan Design Group’s 1st transaction in Indiana.

M&A Deal Summary

Date 2018-07-11
Target Kermans Flooring
Sector Building Materials
Buyer(s) Artisan Design Group
Deal Type Add-on Acquisition

Target

Kermans Flooring

Indianapolis, Indiana, United States
Kermans Flooring LLC is a full-service designer and installer of flooring products to single-family builders and homeowners throughout Indianapolis and Nashville metropolitan areas. Kermans has three facilities across Indiana and Tennessee and employs approximately 76 people.

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Buyer(S) 1

Buyer

Artisan Design Group

Southlake, Texas, United States

Category Company
Founded 2016
Sector Building Materials
DESCRIPTION

Artisan Design Group is a dealer of flooring products and services, providing design, procurement, installation and quality control of flooring and complimentary products for homebuilders. ADG operates 39 distribution, design and service facilities and coordinates installation through over 800 independent contractors across 13 states. Headquartered in Southlake, Texas.


DEAL STATS #
Overall 10 of 26
Sector (Building Materials) 10 of 20
Type (Add-on Acquisition) 8 of 24
State (Indiana) 1 of 2
Country (United States) 10 of 26
Year (2018) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 Décor Flooring

North Charleston, South Carolina, United States

Décor Flooring LLC is a full-service designer and installer of flooring products to single-family builders and homeowners throughout North and South Carolina. Décor has four facilities across the Carolinas and employs approximately 35 people.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-01 Builders Wholesale Flooring

West Columbia, South Carolina, United States

Builders Wholesale Flooring is a provider of flooring products and services in the Carolinas region. Builders Wholesale Flooring offer sales & installation of hardwoods, tile, laminate & more.

Buy -