"Artisan Design Group is excited to partner with Dixie Carpet Installations. We are confident that the Dixie team can build on its strong legacy of excellence and continue to grow beyond its ...

The Sterling Group Agrees to Sell Artisan Design Group to Lowe's Companies, Inc. Provided by PR Newswire Apr 14, 2025, 8:05:00 PM ...

(Reuters) -U.S. home improvement retailer Lowe's Cos said on Monday it has agreed to buy Artisan Design Group for $1.33 billion from private equity firm Sterling Group.

Artisan Design Group operates 132 distribution, design and service facilities from its headquarters in Dallas. It also works with more than 3,200 professionals in 18 states to coordinate installation.

The Artisan Design Group deal is part of Lowe’s overall strategy to target professional customers. Last year, the company laid out a plan to capture more pro spending and grow the segment.

Zinger Key Points Lowe's Companies plans to acquire Artisan Design Group (ADG) for $1.325B. The deal is expected to close in 2Q25. This simple system has nailed 1,000+ post-earnings winners.

SOUTHLAKE, Texas, June 5, 2019 /PRNewswire/ -- Artisan Design Group ("ADG"), a portfolio company of The Sterling Group, today announced the acquisition of Heritage Carpet & Tile, LLC ("Heritage ...

--The Sterling Group, a middle market private equity firm, announced today that it has agreed to sell Artisan Design Group to Lowe's Companies, Inc. for $1.325 billion. The acquisition of ADG ...

The deal would help expand Lowe's offering for its professional customers at a time when the company and its rival Home Depot are facing slower demand for home remodels and construction activity. Last ...

Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical ...