ANAHEIM, Calif.--(BUSINESS WIRE)--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 Architectural Surfaces Group ("ASG") subsidiary acquired Bedrock International (“Bedrock”), the leading distributor for natural stone in the Midwest. The transaction allows ASG to enhance existing products from natural stone, quartz slab and tile, while providing new offerings such as plumbing fixtures.
“Bedrock’s reputation for high-quality materials and unparalleled customer service aligns with ASG’s reputation in the marketplace,” said Sunil Palakodati, President of Architectural Surfaces Group. “The acquisition will ensure we can continue to grow and scale, while adding value for our customers.”
Consumer trends over recent years have indicated that Kitchen & Bath remodeling is ranked among the top consumer projects. These two room classifications are the most functional, highly utilized rooms in the home, therefore partnering with a reputable company like Bedrock allows for ASG to take full advantage of this market opportunity.
“The ASG network allows us to continue providing superior service to our customers, as well as providing new, exciting opportunities for our employees,” added Byron Dougherty, founder of Bedrock International. “We are excited about this new opportunity and look forward to working together to build the business.”
The acquisition of Bedrock expands ASG’s reach across 20 markets, including Des Moines, Kansas City, St. Louis and Tulsa.
About Bedrock International
Bedrock is the premier granite and quartz supplier of kitchen and bathroom surface and other accessories for home remodeling. For more information visit http://bedrockintl.com/.
About Architectural Surfaces Group
Headquartered in Austin TX, Architectural Surfaces Group specializes in the design, sourcing, and distribution of natural and engineered stone and other related products. ASG’s national footprint, proprietary brands, broad product selection, and consultative sales approach establishes ASG as the best in class product and service provider in the industry. To learn more about ASG, visit www.arcsurfacesgroup.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.
This press release may contain forward-looking statements, including information about management’s view of Select Interior Concepts’ future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in the preceding discussion, the words “believes,” “hopes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Select Interior Concepts, its divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents. The forward-looking statements included in this press release are made only as of the date hereof. Select Interior Concepts cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Select Interior Concepts undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Select Interior Concepts.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.