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Lowe's Companies, Inc. to Acquire Artisan Design Group for $1.325 Billion

Apr 14, 2025•about 1 year ago

Contract Type

partnership

Description

The Sterling Group has agreed to sell Artisan Design Group (ADG) to Lowe's Companies, Inc. for $1.325 billion. ADG, headquartered in Dallas, Texas, operates 132 distribution, design and service facilities and coordinates installation through over 3,200 personnel across 18 states. The acquisition of ADG by Lowe's is expected to expand the total addressable market by approximately $50 billion.

Company Information

Company

Artisan Design Group

About

ADG is a nationwide provider offering design, procurement, and installation services specializing in flooring, cabinets, and countertops. Since 2016, ADG has expanded rapidly by acquiring other companies and now operates over 150 locations across 25 states. The firm focuses on delivering strong customer satisfaction and has established itself as a leader in the industry. ADG's commitment is to provide comprehensive solutions for builders and property managers.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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