March 25, 2015

L.A.R.K Industries, Inc., dba Residential Design Services and Commercial Design Services, Acquires Pinnacle Stone & Tile

Dallas, Texas; Anaheim, California; Fairfield, California

L.A.R.K Industries, Inc., dba Residential Design Services and Commercial Design Services (“RDS”), and Trive Capital (“Trive”) are proud to announce that RDS has acquired substantially all of the assets of Pinnacle Stone & Tile (“Pinnacle” or the “Company”). Founded in 1992 and based in Fairfield, CA, Pinnacle provides countertop fabrication and tile installation services for the residential housing market in Northern California. Through its two facilities in Fairfield, CA and San Jose, CA, Pinnacle combines industry-leading technology and old world hand-fabrication techniques to deliver premium installed products with a commitment to providing the highest levels of service in the industry.

“Pinnacle Stone & Tile perfectly complements RDS’ existing product offering while significantly expanding our geographic reach and access to skilled labor in the Northern California market. The combined companies provide increased versatility and flexibility to a growing customer base through RDS’ extensive design center network and ability to provide seamless coverage for the entire suite of interior finishes,” commented Dan Lenahan, Vice President at Trive Capital.

Scott Cheeseman, President and CEO of Pinnacle, stated, “I am very excited for Pinnacle to join the RDS family. The combination of the two companies in Northern California provides an unrivaled platform from which we can continue to grow and deliver on our mission to provide excellent service at a compelling value to an even larger geographic area and customer base.”

Chris Zugaro, Partner at Trive Capital, noted, “We are happy to welcome Scott Cheeseman and his team into RDS and are excited to see the value that this combination creates. The purchase of Pinnacle Stone & Tile is consistent with Trive’s collaborative approach to enhancing middle-market companies.”

 

About L.A.R.K. Industries

L.A.R.K. Industries, Inc., dba Residential Design Services and Commercial Design Services (www.resdesign.com), is a leading provider of outsourced design centers and interior surfaces installation services. Headquartered in Anaheim, California, L.A.R.K. services large residential homebuilders and commercial real estate developers in the Western United States. The Company was founded in 1988 and prides itself on its reputation for delivering high quality, customized sales and installation solutions for a wide range of products, including flooring, countertops, wall tiles, window treatments, finished carpentry, and other interior finishes.


About Trive

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.

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