Latham & Watkins Advises Artisan Design Group in Sale to Lowe’s

The Sterling Group, a middle market private equity firm, has announced that it has agreed to sell Artisan Design Group (ADG) to Lowe’s Companies, Inc. (NYSE: LOW) for US$1.325 billion. ADG is a leading nationwide provider of design, distribution, and installation services for interior surface finishes, including flooring, cabinets, and countertops, to national, regional, and local homebuilders and property managers.

Latham & Watkins LLP advised Artisan Design Group, a portfolio company of The Sterling Group, in the transaction with a corporate deal team led by Houston partners Scott Miller and Bruce Herzog, with associates Vera Bespalova, Morgen Seim, Caroline Silverstein, and Jennifer Pitsch. Advice was also provided on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum; on labor matters by Chicago counsel Laura Waller, with associate Elizabeth Duncan; on finance matters by New York partner Joshua Tinkelman, with associates Chen Tang and Joshua Guerra; on tax matters by Bay Area partner Katharine Moir, with associate Jake Meninga; on antitrust matters by Washington, D.C. partner Jason Cruise, with associate Julia Whitehead; on HSR matters by Washington, D.C. partner Peter Todaro; on RWI matters by Los Angeles partner Drew Levin and San Diego/Los Angeles counsel Hannah Cary; on data privacy matters by Houston partner Robert Brown; on public company representation by Houston partner Nick Dhesi; on real estate matters by San Diego partner Robert Frances and counsel Aaron Friberg; on intellectual property matters by Austin associate Andrew Abokhair; and on environmental matters by Los Angeles partner Aron Potash, with associate Kate Johnstone.