Select Interior Concepts Announces Acquisition of Summit Stoneworks
AUSTIN, Texas –– Select Interior Concepts, Inc. a diversified building products and services company focused on high-value, high-margin home interior products, today announced that it has acquired substantially all of the assets of Summit Stoneworks, LLC. Summit Stoneworks specializes in design center selections and the installation of countertops, flooring, and other products for residential and commercial applications in central Texas.
The transaction allows the Company to expand its operations into the highly-attractive Austin and San Antonio, Texas markets. The acquisition increases the footprint of the Company’s Residential Design Services (“RDS”) subsidiary to 29 locations, including 19 design centers across the United States.
“Summit Stoneworks has been building a strong business since 2006 that provides high quality product selection and installation services to its national and local builder customers,” said Kendall Hoyd, President—RDS. “We look forward to working with the Summit team and are very excited by the growth opportunities this acquisition presents for the Company.”
“We are excited to join the RDS network,” said Summit Stoneworks president Brandon Self. “The partnership will allow us to continue providing superior service to our customers with increased scale and additional product lines, as well as providing new, exciting opportunities for our employees.”