4A —November 18 - December 22, 2022 — Maryland — M id A tlantic Real Estate Journal


M aryland

Combined with portfolio company McMurray Stern Valore Ventures and Grays Peak Capital acquire Spacesaver Interiors in Greater DC Region


ARYLAND — Va- lore Ventures and Grays Peak Capi-

tal announced the acquisition of Spacesaver Interiors Inc., a leading provider of commer- cial storage solutions in the Washington, DC metropolitan region, 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 grows McMurray Stern’s presence in a multi-billion-dollar in- dustry, expanding capabili- ties in the government/mili - tary and enterprise sectors and scaling up its operations to meet surging demand for automation and storage at a time when speed and proxim- ity to consumers and employ- ees are paramount. “By combining Spacesaver Interiors with McMurray Stern, we expand our geo- graphical footprint, allowing us to offer even more guid- ance and optimal solutions for a wide variety of industries. We can meet them where they are coast to coast,” said Kenneth De Angelis , prin- cipal of Valore Ventures and president of McMurray Stern. “In today’s 24-7 logistics en- vironment, our solutions help clients work faster and more efficiently than ever when it comes to micro-fulfillment, warehouse automation and workplace storage.” McMurray Stern plans, de- signs and implements custom installations for commercial, government and military use, across diverse sectors includ- ing industrial, retail, office, healthcare, public safety, edu- cation and sports. In business for over 42 years, the com- pany has evolved from custom shelving, lockers and racking for state-of-the art workspaces to include automated systems and robotics for warehouse and distribution centers. Specialties include high- density mobile storage, auto- mated storage and retrieval systems, weapons storage, evidence lockers, library shelving, climate-controlled vaults, mobile shelving sys- tems and modular workroom furniture. McMurray Stern’s experienced design teams have produced a more effi - cient use of square footage,

McMurray Stern assists organizations in a multitude of industries to maximize space and save time for an improved workflow. The firm works directly with clients in designing and implementing custom shelving, lockers, racking systems and turn-key automated solutions.

and improved last mile-de- livery and micro fulfillment, better situating companies for demand surges fed by seasonal or sudden demands. Spacesaver Interiors comple- ments McMurray Stern’s busi- ness by adding key regional relationships and product offerings within the mid Atlan- tic, and specifically the Wash - ington D.C. metro area. CEO Amy Hamilton transformed the company founded by her parents in 1973 into a leading solution provider for customers such as federal agencies, the

military, industrial owners, developers and manufactur- ers, healthcare organizations, museums, and public safety departments. The company is headquartered in Kensington, Maryland, with a distribution center in Silver Spring, MD. Both sites will remain open and operational. The acquisi- tion also enhances McMurray Stern’s capability to support e-commerce, data center, and food and beverage customers. “We are delighted to wel- come this established and respected East Coast market

leader to our portfolio,” said Scott Stevens , CEO of Grays Peak Capital. “The enhanced platform will broaden our customer reach, yield new product lines and accelerate our focus on tech innovation.” Valore Ventures and Grays Peak Capital pur- chased McMurray Stern in 2018 to capture the an- ticipated growth in space optimization, which has only accelerated in recent years as e-commerce saw faster-than-expected adop- tion. “Consumer behavior

has changed forever, forcing businesses to respond,” De Angelis said. “We help our clients with the mission-crit- ical infrastructure and tools to reach peak organization and efficiency that delivers results.” According to Stevens, Mc- Murray Stern anticipates future acquisition announce- ments. “This space has seemingly unlimited growth potential, so we continue to identify key regional oppor- tunities to expand the busi- ness and platform.” MAREJ

Made with FlippingBook flipbook maker