Daily News
From Home Furnishing Business
YDesign Group Sold to Design Holding
June 9,
2021 by Laurie Northington in Business Strategy, Designer Weekly, Industry
Acquired in 2008, Alpine and YDesign grew the business from an online lighting supplier to a global high-end market leader with over 300 brands, increasing revenue by over 10 times over 12 years. Through its in-house talent program, Alpine appointed CEO, Laura Walsh, former CEO, Sean Callahan, and Anne Berger, Chief Marketing Officer. Under their leadership, the YDesign team expanded from 20 remote professionals to over 170 full-time employees across two locations.
Under Alpine’s ownership, YDesign built out a robust sales & marketing engine to bring its products to consumers and interior designers across the globe. YDesign expanded its analytical capabilities and market footprint with a strategic add-on acquisition, becoming a category-leading online design lighting retailer for design professionals and everyday consumers alike.
“I am extremely proud of the YLighting and Lumens brands that we have built over the last 12 years, along with our strong reputation amongst customers and supplier brands,” said Walsh, CEO of YDesign. “Design Holding’s extensive product knowledge, track-record for innovation, and luxury brand experience makes them a great partner for YDesign’s next phase of growth.”
“Under the impressive leadership of Sean and Laura, YDesign has built a world-class operating team with deep marketing and technology expertise,” said Mark Strauch, partner at Alpine. “We’re excited to watch the YDesign platform continue to scale under the strategic guidance of Design Holding.”