PE-backed interior design companies ILG and ISI to merge

Interior Logic Group Inc, which is backed by Platinum Equity and Interior Specialists Inc, a portfolio company of Littlejohn & Co. LLC, have agreed to merge. No financial terms were disclosed. The newly combined company will operate under the Interior Logic Group name and provide installation services to homebuilders, multifamily owners and big box retailers. The deal is expected to close during the second quarter of 2018. Moelis & Company LLC is acting as the joint M&A adviser on the transaction while Bank of America Merrill Lynch will serve as lead arranger and bookrunner on the debt financing.

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