Artistic Holdings is North America’s largest manufacturer and installer of turnkey staircase and railing solutions for large production homebuilders and custom homebuilders. Formed through the combination of two businesses, Artistic has significant operations in the Southeast, Arizona, and Alberta.
Long Point invested growth capital in Staircase & Millwork Company, a southeast-based staircase company, to enable it to purchase Artistic, a leading Arizona and Alberta-based manufacturer and installer of staircases, to enable it to provide a base to grow its operations nationally. The investment provided a base for Staircase & Millwork to grow its operations nationally. As part of the transaction, the owner of Artistic monetized a large part of his investment while continuing to retain a significant ownership interest in the Company.
The Company successfully grew its business in the Alberta and Arizona markets, and consolidated its market position in the Southeast by purchasing its largest competitor in foreclosure as the market collapsed during the recession.
Add-On Acquisition Criteria
Artistic is selectively looking to acquire staircase and millwork companies of any size that will expand its geographic focus.