Citizens Serves as Exclusive Financial Advisor and Debt Placement Agent to Impact Property Solutions on its Acquisition of Interior Logic Group’s Property Services Division

11/10/2025

Citizens Serves as Exclusive Financial Advisor and Debt Placement Agent to Impact Property Solutions on its Acquisition of Interior Logic Group's Property Services Division

PROVIDENCE, RI - Citizens Capital Markets & Advisory announced today that it served as the exclusive financial advisor and debt placement agent to Impact Property Solutions on its acquisition of Interior Logic Group's Property Services Division, a national provider of quick-turn flooring replacement services to multifamily, single-family rental and senior living properties.

Impact, a provider of quick-turn flooring and countertop replacement services to multifamily property owners and operators across the southern United States, is a portfolio company of Blue Sage Capital. ILG is a portfolio company of Blackstone.

The combination of Impact and ILG's Property Services Division creates one of the largest providers of quick-turn flooring replacement services to multifamily communities in the U.S.

Will Speicher, CEO of Impact, said: "The Citizens team brought a high level of sophistication and commitment to this transaction. Their expertise of our industry and support in the capital markets was critical in structuring a successful outcome that aligns with our long-term growth strategy. Together, Impact and ILG Property Services are uniquely positioned to provide our clients with exceptional service quality and reliability."

Jonathan Pearce, Partner at Blue Sage Capital, said: "Citizens brought deep transaction experience and a strong command of the capital markets to this process. Their advisory and capital markets teams worked in lockstep to deliver a seamless execution that has positioned the combined company for long-term success."

Ryan Sugrue, Managing Director at Citizens M&A Advisory, said: "This partnership brings together complementary capabilities, resources and expertise to continue raising the bar in client experience. We closely partnered with Impact and Blue Sage through this important milestone and look forward to following their continued success as an industry leader."

Citizens Capital Markets & Advisory offers investment banking, research, sales and trading activities as part of our institutional broker-dealer, Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at https://www.citizensbank.com or visit us on X, LinkedIn or Facebook.

The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.