Impact Property Solutions, a Dallas, TX-based portfolio company of Blue Sage Capital has acquired Interior Concepts, Inc., an Arizona-based provider of flooring products and installation services to multifamily and commercial properties.

Interior Concepts, which opened its doors in 1985, covers Phoenix, Scottsdale and other key markets in Arizona. Impact Property Solutions said that Interior Concepts leadership will remain as the company grows into other geographies to support Interior Concept’s and Impact’s customers on a broader scale. 

This represents the fourth transaction since Impact began its partnership with Blue Sage at the end of 2020, further solidifying Impact’s presence in the Sun Belt as a leading multifamily flooring solutions provider. Impact said it will continue to build out its platform in Texas, North Carolina, Florida, Arizona, and across the broader Southeast and Southwest both organically and inorganically.

Blue Sage Capital initially invested in Impact at the end of 2020. Since then, Blue Sage has supported the strengthening of the Texas platform and helped facilitate four acquisitions across the Sun Belt.

“The Interior Concepts team will be an excellent addition to the Impact platform and allows Impact to expand its coverage network to include an exciting, growing market," said Jonathan Pearce, partner at Blue Sage. "Kerry and his team continue to execute our strategic plan, which includes both organic and inorganic growth efforts, and we look forward to continuing to support the team in these initiatives.”

Impact is continuing to seek add-on acquisition targets that offer similar or complementary services in new markets.