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Home Brands Group Holdings Inc, patronuojanti „Re-Bath“ įmonė, 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.
Remiantis užsienio žiniasklaidos pranešimais, 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 milijonas, becoming the largest chain of total bathroom renovation companies in the United States.
TZP, kuri įsigijo Re-Bath patronuojančią įmonę, is a private equity firm that manages a family of approximately $2 billion funds, įskaitant TZP Capital Partners, TZP Small Cap Partners, TZP Strategies ir TZP Strategies Acquisition Corp. Re-Bath’s CEO, Brad Hillier, said that the company has been in business for more than 20 metų. 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.” Pastaruoju metu paspartėjęs „Re-Bath“ augimas priartina ją prie tikslo – tapti a $1 milijardo kompanija. Norėdami pasiekti šį etapą, Re-Bath planuoja panaudoti TZP išteklius, toliau sutelkti dėmesį į partnerystę su puikiais franšizės gavėjais, stiprinti partnerystę su pasaulinio lygio įmonėmis, maksimaliai padidinti galimybes su nacionaliniais mažmeninės prekybos partneriais, and through new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name nationwide.
