Select Interior Concepts Announces Acquisition of Tuscany Collection, Expanding Reach in Western US

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 that its Architectural Surfaces Group ("ASG") subsidiary acquired substantially all the assets of Tuscany Collection, a distributor of natural stone, quartz and tile in Las Vegas, Nevada. The transaction allows ASG to provide superior service to the current customer base in the Las Vegas market. This acquisition expands ASG’s footprint to 22 locations across the United States.

Since 2004, Tuscany Collection has built a strong business focused on exotic stone slabs and unique architectural surface offerings in a boutique setting. In addition, Tuscany Collection has strong local commercial relationships that we will leverage to support the sale of additional ASG products. Tuscany Collection will continue to operate under its current brand name, however, its alignment with ASG’s Modul Marble brand and strategy will aid in uniting with existing ASG divisions.

“Tuscany Collection’s location and reputation for high-quality materials makes it an ideal organization to add to the ASG family of companies,” said Sunil Palakodati, President of Architectural Surfaces Group. “The acquisition will ensure that our customers benefit from superior distribution capabilities throughout the Western United States, while providing support for our existing product lines.”

“We are excited to join the ASG network, as it will allow us to expand our current offering of superior products, as well as provide new and exciting opportunities for our employees,” added John Bowen, founder of Tuscany Collection.

About Tuscany Collection

Tuscany Collection is a direct importer and distributor of natural stone, quartz, and tile with an inventory that includes exotic natural stones and unique architectural surfaces from around the world. For more information visit http://www.tuscanycollection.com/.

About Architectural Surfaces Group

Headquartered in Austin, Texas, Architectural Surfaces Group is the owner of premium brands recognized as industry leaders in their respective marketplaces. Focused on operations, ASG empowers brands including Pental Surfaces, Architectural Granite & Marble, Modul Marble, Cosmic Stone & Tile, and Bedrock International to focus on what matters most: providing customers with exceptional products and the highest level of service. For more information visit http://arcsurfacesgroup.com/.

About Select Interior Concepts, Inc.

Select Interior Concepts, Inc. ("SIC" and the "Company") 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 and Architectural Surfaces Group became two wholly-owned subsidiaries of SIC. For more information visit http://www.selectinteriorconcepts.com/.

Forward-Looking Statements

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements are based on historical information available at the time the statements are made and are based on management’s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law.

Contacts

MEDIA INQUIRIES
Select Interior Concepts, Inc.
Kate Turner, 206-768-3233
kate@arcsurfacesgroup.com
or
Prosek Partners
Janelle Joseph/Josette Robinson
212-279-3115
Pro-select@prosek.com

Release Summary

Select Interior Concepts Announces Acquisition of Tuscany Collection, Expanding Reach in Western US

Contacts

MEDIA INQUIRIES
Select Interior Concepts, Inc.
Kate Turner, 206-768-3233
kate@arcsurfacesgroup.com
or
Prosek Partners
Janelle Joseph/Josette Robinson
212-279-3115
Pro-select@prosek.com