March 03, 2017
MSouth Announces the Successful Exit of Interior Logic Group
Atlanta, GA (March 3, 2017) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of Interior Logic Group, Inc., a leading provider of turn-key design center services and interior finish solutions to single family residential homebuilders, apartment owner/operators, and fulfillment partners. The Company has long-standing, entrenched customer relationships and its customer base includes a diverse mix of national and regional customers. Primary products handled on a turn-key basis include flooring, cabinets, countertops, and window treatments.
“Mark Fikse and his team at ILG have done a tremendous job of building one of the largest interior finish solutions businesses in the country” said Mark Feidler, an MSouth Partner. “We are very pleased with the transaction and the return it generated for our investors.”
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $150 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of companies in sectors where the firm has significant investment, management and transactional experience. MSouth invests with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of MSouth's investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $1.3 billion with three active funds. MSouth is the successor to Cravey, Green & Wahlen, which was formed in 1984.