M&A Deal Summary

The Sterling Group and Constitution Capital Partners Acquire Artisan Design Group

On December 17, 2018, private equity firms The Sterling Group and Constitution Capital Partners acquired building materials company Artisan Design Group from Dunes Point Capital

Acquisition Highlights
  • This is The Sterling Group’s 4th and Constitution Capital Partners’ 1st transaction in the Building Materials sector.
  • This is The Sterling Group’s 32nd and Constitution Capital Partners’ 38th transaction in the United States.
  • This is The Sterling Group’s 7th and Constitution Capital Partners’ 7th transaction in Texas.
Investment Fate
  • Artisan Design Group was sold to a publicly-traded strategic buyer in 2025 for 1.3B USD.

M&A Deal Summary

Date 2018-12-17
Target Artisan Design Group
Sector Building Materials
Buyer(s) The Sterling Group
Constitution Capital Partners
Sellers(s) Dunes Point Capital
Deal Type Secondary Buyout

Target

Artisan Design Group

Dallas, Texas, United States
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. Artisan Design Group was founded in 2016 and is based in Dallas, Texas.

Search 205,905 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

The Sterling Group

Houston, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 9.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $1000 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.


DEAL STATS #
Overall 35 of 53
Sector (Building Materials) 4 of 5
Type (Secondary Buyout) 8 of 13
State (Texas) 7 of 12
Country (United States) 32 of 50
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 Specified Air Solutions

Buffalo, New York, United States

Specified Air Solutions is a multi-branded, commercial and industrial HVAC equipment manufacturer focused on providing end users with semi-custom, energy efficient solutions for indoor air quality, cooling, heating, and dehumidification needs. The company's diverse product offering is utilized in a range of niche market applications, including education, hospitality, distribution warehouses, retail, community centers, vehicle service shops, commercial offices, and manufacturing facilities. Specified Air Solutions was founded in 1923 and is based in Buffalo, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-04 Saxco

Concord, California, United States

Saxco is a provider of rigid packaging solutions to the wine, beer, liquor, and food industries. Saxco International was founded in 1936 and is based in Concord, California.

Sell -
Buyer
DESCRIPTION

Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.


DEAL STATS #
Overall 42 of 88
Sector (Building Materials) 1 of 1
Type (Secondary Buyout) 14 of 40
State (Texas) 7 of 7
Country (United States) 38 of 82
Year (2018) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 Hojeij Branded Foods

Atlanta, Georgia, United States

Hojeij Branded Foods is one of the major airport Foodservice operators in North America. Headquartered in Atlanta, it operates more than 124 bars and restaurants in 38 airports across the US and Canada.

Sell $330M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-25 Clarity Software Solutions

Madison, Connecticut, United States

Clarity Software Solutions is a data and technology-driven provider of member communication solutions for health insurance payors, third party administrators (“TPAs”), and dental insurance companies. The Company’s software collects, consolidates and cleanses its customers’ data from multiple sources to generate compliant and personalized digital member communications across the enrollment, claims, and payments, and compliance functions of its customers. Clarity Software Solutions was founded in 2007 and is based in Madison, Connecticut.

Buy -

Seller(S) 1

SELLER

Dunes Point Capital


Category Family Office
Founded 2013
PE ASSETS 1.3B USD
Size Large
Type Sector Focused
DESCRIPTION

Dunes Point Capital is a family office and private investment firm focused on control investments in the industrials sector. Dunes Point Capital was formed in 2013 and is based in Rye, New York.


DEAL STATS #
Overall 1 of 8
Sector (Building Materials) 1 of 3
Type (Secondary Buyout) 1 of 3
State (Texas) 1 of 1
Country (United States) 1 of 8
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-02 Specialty Products & Insulation

Charlotte, North Carolina, United States

Specialty Products & Insulation is a value-added distributor and fabricator of insulation and complementary products for the commercial, industrial and residential markets. SPI's products help conserve energy, preserve worker safety, and provide noise abatement. Specialty Products & Insulation was founded in 1982 and is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Miller Chemical & Fertilizer

Hanover, Pennsylvania, United States

Miller Chemical & Fertilizer LLC (“Miller”) manufactures and distributes non-hazardous crop protection adjuvants and nutritional agrichemical products designed to improve plant and crop production quality and yield. Miller sells its products into the farming and agricultural industries in more than 90 countries via its global sales force of skilled agronomists and distributors and targets the high-value segment of fruits, nuts, and vegetables.

Sell -