Dunes Point Capital, LP Announces the Acquisition of Décor Flooring, LLC and Kermans Flooring, LLC
July 11, 2018
Artisan Design Group ("ADG"), a portfolio company of Dunes Point Capital, LP ("DPC") has acquired Décor Flooring, LLC ("Décor") and Kermans Flooring, LLC ("Kermans"). Since ADG was formed in 2016, the company has completed eight acquisitions.
Located in Charleston, SC, Décor 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.
Located in Fishers, IN, Kermans 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.
About DPC: Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial sector. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.
About ADG: Founded in 2016, ADG is a full service designer, installer, and retailer of flooring products to single family and multi-family builders, property managers and homeowners in over 13 states. ADG was originally formed by DPC through the combination of Floors, Inc. and Malibu Acceptance Corporation.
SOURCE Dunes Point Capital, LP