Mill Point Capital to Sell International Designs Group to Home Depot
Decatur, GA, November 22, 2023-Mill Point Capital, a private equity firm, entered into a definitive agreement to sell International Designs Group (IDG) to The Home Depot.
Floor Focus estimates IDG’s flooring sales to be around $60 million.
IDG is a distributor, seller and custom fabricator of design-oriented surfaces, appliances and architectural specialty products. The company’s products are featured in multiple areas of the home, including flooring, walls, countertops, decking and fireplace surrounds, among others. IDG serves a diverse group of professional customers across renovation, remodeling, new construction and multi-family. The company is headquartered in Decatur, Georgia and operates showrooms and fabrication facilities across the Eastern U.S.
The transaction is subject to customary closing conditions and is expected to close by the end of 2023.
Related Topics:ID Group