Georgia Oak Partners Invests in Artisan Custom Closets
ATLANTA, Dec. 22, 2022 – Georgia Oak Partners, an Atlanta-based investment firm, announced today that it has completed a majority equity investment in Artisan Custom Closets, a leading vertically integrated designer, manufacturer and installer of custom closets and storage solutions for residential homes.
Founded in 2011, Artisan Custom Closets designs, manufactures, and installs custom-designed home storage solutions and has served more than 20,000 customers in the Atlanta and Nashville areas. Artisan is one of only a few companies in the Southeast that is vertically integrated and specializes in designing, manufacturing, and installing custom-designed storage systems. Each solution is designed to the client’s needs in terms of storage requirements as well as unique vision and style, including high-end custom features to provide a more luxurious organizational experience. Artisan provides solutions for virtually every room in the home, including primary and secondary closets, pantries, garages, mud rooms, laundry rooms, craft rooms, entertainment centers, and wall beds.
“Artisan Custom Closets has established itself as a leading home storage solutions provider in a highly fragmented industry,” said Lisa Carlquist, CEO of Artisan Custom Closets. “Georgia Oak not only brings operational expertise in the home services industry, but a uniquely hands-on approach that will launch us into our next phase of growth as the clear market leader in the Southeast.”
Artisan’s multifaceted team of expert designers, engineers and installers deliver tailored solutions to their thousands of clients each year. Having served over 20,000 customers in the last decade, Artisan has grown at an approximate 20% CAGR due to its exceptional service as well as strong referral and repeat business. Their designers are certified by the Association of Closet and Storage Professionals. They are experts in working with homeowners on optimizing their living spaces, providing peace of mind while navigating a wide array of choices. Adding an Artisan Custom Closet also increases the value of customers’ homes.
Located in Marietta, Ga. and Nashville, Tenn., Artisan is situated in the fastest-growing region of the United States for custom closets and storage companies. The Southeast, a top destination for retirees, is also predicted to continue to experience high population growth, an influx of highly skilled workers, and continued increases in home values.
“We are thrilled to be in a partnership with Artisan Custom Closets,” stated Michael Lonergan, Managing Partner of Georgia Oak Partners. “We see a lot of opportunity and growth in the home services sector here in the Southeast and believe in the business that Lisa and her management team have built. Artisan’s highly-rated products and customer satisfaction are a clear result of the high-touch culture in place throughout the entire customer experience.”
Georgia Oak brings institutional capital and operational know-how to local businesses in the Southeast. This acquisition adds to Georgia Oak’s growing portfolio of manufacturing and consumer goods companies, which includes its existing partnerships with Sailfish Boats, Emerald Transportation Solutions, Farm Burger, and Your Pie, among others. Georgia Oak believes the home services sector will continue to experience strong tailwinds as people increasingly invest in their primary residences with an intensified focus on comfort. This trend, in combination with an aging population of homes in the U.S. that require renovations and remodeling, bodes well for the future of home services.
About Artisan Custom Closets
Artisan Custom Closets is a locally-owned and operated custom closet company with a mission to provide perfectly functional and aesthetically appealing storage systems to clients according to their storage requirements, budget, and style preferences. Artisan strives to bring organization to your closet with custom features that create a designated place for every item. To learn more, visit www.ArtisanCustomClosets.com.
About Georgia Oak Partners
Georgia Oak Partners focuses on making equity investments in founder- and family-owned companies in Georgia and the broader Southeast. Using a local, hands-on approach, Georgia Oak works side-by-side with founders to achieve sustainable growth while maintaining culture and legacy. For more information about Georgia Oak Partners, please visit www.GeorgiaOakPartners.com.