Audax Private Equity Forms Renovo Home Partners by Acquiring Dreamstyle, Alure and Remodel USA
February 4, 2022
Boston-based Audax Private Equity has created Renovo Home Partners (based in Dallas) by combining three regional home-improvement firms — Dreamstyle Remodeling (Albuquerque), Alure Home Improvements (East Meadow, N.Y.) and Remodel USA (Capitol Heights, Md.). The transactions are part of Audax's buy-and-build strategy to scale a national DTC home repair and remodel platform; terms were not disclosed.
- Targets
- Dreamstyle Remodeling, Alure Home Improvements, Remodel USA
- Sellers
- Larry Chavez (founder, Dreamstyle Remodeling), Sal Ferro (owner/CEO, Alure Home Improvements)
- Platforms
- Renovo Home Partners
- Industry
- Construction
- Location
- United States
- Transaction Type
- Addon
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