As of October 2022[update], when it was acquired by investment firm Flacks Group, Kelly-Moore had 157 stores located in California, Texas, Oklahoma, and Nevada.

[4] A year later, Kelly-Moore expanded its new subsidiary by absorbing another acquisition, the paint division of Island Equipment Co., situated in Guam.

[4] In 1998, Moore and his wife set up an ESOP, which provided both a retirement and stock ownership plan for eligible employees.

Bruder & Sons, a Pennsylvania-based company with a business model and customer base comparable to its own, in an effort to strengthen both firms' positions in the marketplace.

[4] As a result of the collaboration, both businesses were included beside each other in the American Institute of Architects' MasterSpec Finishes directory, which is used by some 5,500 architectural and construction firms.

[6][7] In September 2022, Kelly Moore Paints was acquired by Flacks Group, a Miami, Florida-based investment firm that holds more than $2 billion of total assets.

[1][2] After the acquisition, Charles Gassenheimer, managing partner of the Flacks Group, became the CEO of Kelly-Moore Paints.