Residential Design Services Acquires Greencraft Interiors, Enhances Product Offerings and Service Footprint in Phoenix Metropolitan Market

ANAHEIM, Calif.--()--Select Interior Concepts, Inc. ("SIC"), a holding company for the consolidation and management of companies focused on interior building products and services, announced today its Residential Design Services ("RDS") subsidiary acquired Greencraft Interiors (“Greencraft”), a design, service, and product installation business headquartered in Phoenix, Arizona.

“Greencraft Interiors is a market-leading business with a relentless focus on exceeding customer expectations, which perfectly complements RDS’ service model”

Greencraft offers a full-service design center with expert design consultation for interior related products such as cabinets, countertops, flooring, window coverings, plumbing fixtures, lighting, paint and much more.

"Greencraft Interiors is a market-leading business with a relentless focus on exceeding customer expectations, which perfectly complements RDS’ service model,” said Tyrone Johnson, CEO of Select Interior Concepts. “This acquisition provides RDS product and geographic diversification, as well as increased cross-selling opportunities. We look forward to working with the Greencraft team as they continue to grow.”

“The Phoenix market is ripe for opportunities given the uptick in its population growth according to data from the U.S Census Bureau. Sectors such as real estate are rebounding to pre-recession norms, creating opportunity for new home construction and sales. In fact, the Greater Phoenix Blue Chip real estate consensus projects strong gains for single and multi-family permits in 2018, suggesting a strong market,” stated Mr. Johnson.

About Greencraft Interiors

Based in Phoenix, Arizona and with operations in five states, Greencraft Interiors provides delivery and installation of cabinets, all types of flooring and doors across a broad base of customers. Greencraft is partnered with industry leading cabinet suppliers such as Mastercraft Cabinets, Yorktowne Cabinetry and Executive Cabinetry. Flooring Partners are Shaw, Mohawk, Dal Tile, Marazzi, Emser Tile, Arizona Tile, and Longust Distributing. Suppliers are carefully selected to ensure quality products are offered to all Greencraft customers. Greencraft has experienced designers that are available to meet customers at the design center to help create interiors that match their lifestyle. The design center provides one meeting place to make all of your interior selections.

About Residential Design Services

Headquartered in Anaheim, California, Residential Design Services has been partnering with builders since 1988, offering their homebuyers a brilliant interior design experience, while delivering outstanding quality, products, installations and service. RDS offers builders’ homebuyers a wide selection of finishing products including flooring, cabinetry, walls and counters, shower enclosures, finish carpentry, hardware and featured options. To learn more about RDS, visit www.resdesign.com.

About Select Interior Concepts, Inc.

Select Interior Concepts, Inc. ("SIC" and the "Company"), a newly formed Delaware corporation, has been created as a holding company for the consolidation and management of companies focused on interior building products and services. Concurrent with the formation of SIC, Residential Design Services (“RDS”) and Architectural Surfaces Group (“ASG”) have become the first two wholly owned subsidiaries of SIC. Prior to the formation of SIC, RDS and ASG were independent portfolio companies owned by Trive Capital.

Contacts

Select Interior Concepts, Inc.
Media Inquiries
Prosek Partners
Janelle Joseph/Josette Robinson
212-279-3115
Pro-select@prosek.com
or
Investor Relations
Porter, LeVay & Rose, Inc.
Marlon Nurse, D.M., 212-564-4600
Senior Vice President
marlon@plrinvest.com

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Release Summary

Select Interior Concepts, Inc. ("SIC"), announced today its Residential Design Services ("RDS") subsidiary acquired Greencraft Interiors.

Select Interior Concepts, Inc.