05/17/2021 | News release | Distributed by Public on 05/17/2021 18:34
Davis Polk is advising Truist Securities as financial adviser to Select Interior Concepts, Inc. in connection with the $215 million sale of its Residential Design Services segment to Interior Logic Group, a portfolio company of Blackstone. The transaction is expected to close mid-2021, subject to customary closing conditions which includes the receipt of required regulatory approvals.
Select Interior Concepts is a premier installer and distributor of interior building products with leading market positions in highly attractive markets. ILG is a leading, data-driven and technology-enabled provider of interior design, supply chain and installation management solutions to several of the nation's largest single-family homebuilders.
The Davis Polk corporate team includes partner Evan Rosen and associates Soo Lim and Jenny Ge. All members of the Davis Polk team are based in the New York office.