Interior Specialists, Inc. Announces Acquisition of HDIS
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CARLSBAD, Calif., April 27, 2016 /PRNewswire/ -- Interior Specialists, Inc. ("ISI") today announced it has entered into a definitive agreement to buy the HD Supply Interior Solutions business unit ("HDIS"), formerly known as Creative Touch Interiors, from HD Supply, Inc. (NASDAQ: HDS).
HDIS is a leading provider of design center management and installation services to large national and regional homebuilders, operating out of more than 50 design centers throughout the United States.
ISI CEO Alan Davenport said, "This acquisition is another step in our mission of becoming the preeminent national provider of design center services, delivering consistent, industry-leading process, execution and technology to homebuilders across the country. HDIS will expand our national footprint in key markets and augments our infrastructure of labor and talent as we rapidly roll out new, state-of-the-art design centers for our customers nationally."
"This combination also offers an unparalleled opportunity for our new and existing vendor partners as we seek to expand our vendor relationships across a larger and rapidly-growing customer base," said Jeff Fenton, ISI's COO.
About Interior Specialists, Inc.:Interior Specialists, Inc. (ISI) is the nation's leading provider of interior design, design center management and installation services operating from over 90 locations across the United States. ISI's customers include the nation's preeminent single-family, multi-family and commercial builders. ISI both supplies and installs flooring, cabinetry, countertops, window coverings and builder construction options, including appliances, and it is the leading full-service provider of outsourced homebuilder-branded design centers.
Chris Tofalli Chris Tofalli Public Relations LLC 1-914-834-4334
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/interior-specialists-inc-announces-acquisition-of-hdis-300258475.html
SOURCE Interior Specialists, Inc.
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