Republic Elite is a one-stop provider of cabinets and stone countertops exclusively to the multi-family residential market. The Company has created a differentiated, turnkey solution specifically tailored to the complex needs of multi-family developers across the country.
It is announced today that Principals at SLATE Partners advised Republic Elite, LLC (Republic Elite), a portfolio company of FC Crestone, LLC (previously known as FirstCity Crestone LLC) on its merger with LDC Stone, Inc., the parent company of granite and cabinet suppliers L’arte Della Cucina, European Granite & Marble, and Marva.
“The fast-growing multifamily residential market demands we grow and evolve quickly to offer our clients customized, one-stop cabinet and countertop solutions. SLATE has been an invaluable advisor, providing strategic consulting and insightful advice, strategy and direction. SLATE’s industry expertise ultimately allowed us to identify a partner that will enable Republic Elite to greatly expand its product offering and geographic footprint” –Duane Pekar, President and CEO of Republic Elite.
“By providing a unique, end-to-end cabinet and countertop solution, Republic Elite has emerged as a clear leader in the multi-family sector. The Company’s proven track-record providing a worry-free interior solution has allowed it to secure loyal, long-standing relationships with the industry’s preeminent developers, owners, contractors and architects. It was a pleasure working with FC Crestone and the Republic Elite management team in this process” –Jason Munoz, co-founder of SLATE Partners.
Click here to read the full press release (originally published on the SLATE Partners website).