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Tha fiosrachadh mu Home Brands Group Holdings Inc, a’ chompanaidh phàrant aig Re-Bath, the largest bathroom renovation chain in the U.S., recently announced that it had been acquired by private equity firm TZP Group LLC (“TZP”), but did not disclose details of the transaction.
A rèir aithisgean meadhanan cèin, the Re-Bath parent company first entered the total bathroom renovation industry in 1978, focusing on the hospitality industry. 1991, Re-Bath opened its first franchise, set foot in the residential total bathroom renovation market, has grown to more than 100 sellers across the United States, the cumulative service total bathroom more than 1 millean, becoming the largest chain of total bathroom renovation companies in the United States.
TZP, a fhuair companaidh phàrant Re-Bath, is a private equity firm that manages a family of approximately $2 billion funds, gabhail a-steach TZP Capital Partners, Com-pàirtichean TZP Small Cap, Fiosrachadh mun chompanaidh TZP Strategies and TZP Strategies Acquisition Corp. Re-Bath’s CEO, Brad Hillier, said that the company has been in business for more than 20 bliadhnaichean. Bath CEO Brad Hillier said, “It is great to kick off our next growth chapter with an investment from TZP that represents the growth and success we have achieved and the right direction we are moving in.” Tha fàs luathaichte Re-Bath o chionn ghoirid ga thoirt nas fhaisge air an amas aige a bhith na a $1 companaidh billean. Gus a’ chlach-mhìle seo a choileanadh, Tha Re-Bath an dùil goireasan TZP a luathachadh, leantainn air adhart a’ cuimseachadh air com-pàirteachas le luchd-ceadachaidh sgoinneil, neartachadh com-pàirteachasan le companaidhean aig ìre cruinne, cothroman a mheudachadh le com-pàirtichean reic nàiseanta, and through new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name nationwide.
