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Litlhaloso tsa likarolo tsa Home Brands Group Holdings Inc, k'hamphani ea motsoali ea 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 (“TLP”), but did not disclose details of the transaction.
Ho latela litlaleho tsa litaba tsa kantle ho naha, 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 milione, becoming the largest chain of total bathroom renovation companies in the United States.
TLP, e ileng ea fumana k'hamphani ea motsoali oa Re-Bath, is a private equity firm that manages a family of approximately $2 billion funds, ho kenyelletsa le TZP Capital Partners, TZP Small Cap Partners, TZP Strategies le TZP Strategies Acquisition Corp. Re-Bath’s CEO, Brad Hillier, said that the company has been in business for more than 20 lilemo. 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.” Re-Bath ea morao tjena ea khōlo e potlakileng e e atametsa haufi le sepheo sa eona sa ho ba a $1 khamphani ea limilione tse likete. Ho fihlela sehlohlolo sena, Re-Bath e rera ho sebelisa lisebelisoa tsa TZP, tsoela pele ho tsepamisa maikutlo ho tšebelisano 'moho le li-franchisees tse kholo, matlafatsa likamano le likhamphani tsa maemo a lefats'e, ho eketsa menyetla le balekane ba naha ba mabenkele, and through new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name nationwide.
