Valore Ventures and Grays Peak Capital Acquire Spacesaver Interiors
Valore Ventures and Grays Peak Capital today announced the acquisition of Spacesaver Interiors Inc.a leading provider of commercial storage solutions in the Washington, DC metro area, for an undisclosed amount.
Spacesaver Interiors will combine into McMurray Stern, a Southern California-based storage and automation solutions company owned by Valore Ventures and Grays Peak. This acquisition strengthens McMurray Stern’s presence in a multi-billion dollar industry, expanding capabilities in the government/military and enterprise sectors and intensifying its operations to meet the growing demand for automation and storage at a time when the speed and proximity to consumers and employees are paramount.
“By combining Spacesaver Interiors with McMurray Stern, we expand our geographic footprint, enabling us to offer even more advice and optimal solutions for a wide variety of industries. We can meet them where they are from coast to coast,” said Kenneth De Angelis, Principal of Valore Ventures and President of McMurray Stern. “In today’s 24/7 logistics environment, our solutions help customers work faster and more efficiently than ever with micro-execution, warehouse automation and workplace storage .
McMurray Stern plans, designs and implements custom installations for commercial, government and military use, in various sectors including industrial, retail, office, health, public safety, education and sports . In business for over 42 years, the company has evolved from custom shelving, lockers and shelving for state-of-the-art workspaces to include automated systems and robotics for warehouses and centers of distribution.
Specialties include high-density mobile storage, automated storage and retrieval systems, weapons storage, evidence lockers, library shelving, air-conditioned vaults, mobile shelving systems, and bathroom furniture. modular work. McMurray Stern’s experienced design teams have produced more efficient use of square footage and improved last-mile delivery and micro-fulfillment, enabling companies to better position themselves for increases in demand fueled by seasonal or sudden demands.
Spacesaver Interiors complements McMurray Stern’s business by adding key regional relationships and product offerings in the Mid-Atlantic, and specifically in the Washington DC metro area. CEO Amy Hamilton has transformed the company founded by her parents in 1973 into a leading solutions provider for clients including federal agencies, the military, industrial owners, developers and manufacturers, healthcare organizations health, museums and public security services. The company is headquartered in Kensington, Maryland, and a distribution center in Silver Spring, Maryland. Both sites will remain open and operational. The acquisition also strengthens McMurray Stern’s ability to support e-commerce, data center and food and beverage customers.
“We are delighted to welcome this established and respected East Coast market leader to our portfolio,” said Scott Stevens, CEO of Grays Peak Capital. “The enhanced platform will expand our customer base, generate new product lines and accelerate our focus on technology innovation.
Valore Ventures and Grays Peak Capital bought McMurray Stern in 2018 to capture anticipated growth in space optimization, which has only accelerated in recent years as e-commerce has seen faster-than-expected adoption . “Consumer behavior has changed forever, forcing companies to respond,” said De Angelis. “We help our clients with the critical infrastructure and tools to achieve optimal organization and efficiency that deliver results.
According to Stevens, McMurray Stern anticipates future acquisition announcements. “This space has seemingly limitless growth potential, so we continue to identify key regional opportunities to grow the business and the platform. »
About Valore Ventures
Valor Ventures is a boutique company that invests in operating companies, as well as commercial real estate, by redeveloping various value-added properties in select locations across the United States
About Grays Peak Capital
Capital of Grey’s Peak is a global alternative investment firm that currently manages assets for a diverse investor base of high net worth individuals, family offices and institutions. With offices in New York, Los Angles and Geneva, its strategies include venture capital, private equity, real estate and credit.
About McMurray Stern
We are a specialist contractor, we have built our reputation on a fully integrated design and construction process that ensures projects are professionally managed from concept to execution. Each project is managed by a team responsible for design, ordering, planning, site meetings, installation, service and maintenance. Our installation and service team members are factory-trained employees of McMurray Stern.