Incollect eal itt 645x80
industry insider
Robert Allen and Duralee merge
Mar 31, 2017

Robert Allen Group and Duralee Fabrics have merged to form the Robert Allen Duralee Group (The RADGroup). The Robert Allen Group had been owned by investment firm Altamont Capital Partners before the merge; the firm will continue as a financial partner in The RADGroup. 


Lee Silberman 

Longtime Duralee executive Lee Silberman is the newly named CEO of RADGroup. He shares, “We are in an industry that is constantly evolving. By leveraging the rich history and resources of these two design industry leaders, we have created the opportunity to reshape and improve the client experience in luxury home decor. The combined product lines, multiple brands and expanded product categories create one of the most extensive offerings in the market and secure our position as the full-service design resource. Our goal is to provide a complete product offering for today’s design professional—and to do it with a service level that is the best in the industry.”

The merger, which had been both whispered about and in the works for months, was made public today. The Robert Allen Duralee Group will be headquartered in Hauppauge, New York and will also maintain locations globally.

“We look forward to supporting the management team in their pursuit of the many exciting growth and innovation opportunities this merger presents,” says Steve Brownlie, managing director of Altamont.

Up arrow 1999293fef354a20ff3205791165807c167562529cd704169b2554737f66abbb
Advertisement
Hh 314x275 editoratlarge displayads mh r1
Renovationmatchmaker eal 314x275 newphoto2 border