Audax Private Equity Forms Renovo Home Partners by Acquiring Dreamstyle, Alure and Remodel USA

Renovo Home Partners Acquires NEWPRO Home Solutions

June 3, 2022

Construction

Renovo Home Partners, a Dallas-based DTC home improvement platform backed by Audax Private Equity, has acquired NEWPRO Home Solutions of Woburn, Massachusetts. NEWPRO — a family-founded replacement-windows, siding, roofing and bath remodeling firm with more than 300 employees and ~ $80–100M in installed sales — will join Renovo's growing national platform to expand market share and product diversification.

Renovo Home Partners Acquires Woodbridge Home Solutions

June 4, 2022

Building Products

Renovo Home Partners acquired Woodbridge Home Solutions, a regional direct-to-consumer home remodeling company based in Dallas, Texas. The deal is an add-on to Renovo’s platform — its fifth acquisition since late 2021 — and expands the platform’s presence in Texas and the South Central U.S., adding capabilities in energy-efficient windows and doors, siding, cabinet refacing and tub-to-shower conversions.

Renovo Home Partners Acquires Reborn Home Solutions

July 19, 2022

Construction

Renovo Home Partners, a Dallas-based home improvement platform, has acquired Reborn Home Solutions, a California-based kitchen remodeling and cabinet refacing company founded in 1983. The add-on strengthens Renovo's presence in the Western US and brings expanded cabinet refacing manufacturing capabilities to its platform.

Renovo Home Partners Acquires Minnesota Rusco

November 14, 2022

Building Products

Renovo Home Partners has acquired Minnesota Rusco, a New Hope, Minnesota-based direct-to-consumer home improvement company offering windows, doors, siding, bath and kitchen remodeling. The acquisition expands Renovo’s platform into the Midwest and adds a long-standing regional brand to its portfolio; Angle Advisors served as exclusive advisor to Minnesota Rusco.

Comvest Partners Recapitalizes Renovation Brands

December 2, 2021

E-Commerce

Comvest Partners led a strategic recapitalization of Renovation Brands, a multi-brand direct-to-consumer e-commerce platform for home improvement products. Digital Fuel Capital, founder Rick Morse and Renovation Brands' management remain significant investors as Comvest provides capital and operational support to drive organic growth and further add-on acquisitions.

Renovus Capital Partners Acquires EducationDynamics, LLC

October 18, 2021

Education

Renovus Capital Partners has acquired EducationDynamics, a market leader in higher-education marketing, enrollment management and student success coaching. WhiteHorse Capital provided debt financing and an equity co-investment to support the transaction; Renovus says it will invest in capabilities and pursue organic growth and tuck-in acquisitions to strengthen EducationDynamics' partnership with colleges and universities.