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Moderbolag till den största kedjan av totala badrumsrenoveringsföretag i USA förvärvas
Nyligen, Home Brands Group Holdings Inc, moderbolaget till Re-Bath, the largest bathroom renovation companies chain in the US, announced that it had been acquired by private equity firm TZP Group LLC (“TZP”), but no details of the transaction were disclosed.
Enligt rapporter i utländska medier, Re-Bath’s parent company first ventured into the total bathroom renovation industry in 1978, focusing on the hospitality sector. I 1991, Re-Bath opened its first franchise shop and entered the residential bathroom renovation market. It has now grown to over 100 sellers across the United States and has served over 1,000,000 badrum, which makes it the largest chain of bathroom renovation companies in the United States.
TZP, som förvärvade Re-Baths moderbolag, is a private equity firm with a family of approximately $2 billion funds under management, inklusive TZP Capital Partners, TZP Small Cap Partners, TZP Strategies och TZP Strategies Acquisition Corp.
Re-Bath VD Brad Hillier sa, “We are pleased to begin our next chapter of growth with this investment in TZP. This represents the growth and success we have achieved and the right direction we are moving in.” Re-Baths senaste accelererade tillväxt för det närmare sitt mål att bli en $1 miljardföretag. För att uppnå denna milstolpe, Re-Bath planerar att utnyttja TZP:s resurser, fortsätta att fokusera på att samarbeta med fantastiska franchisetagare, stärka partnerskap med företag i världsklass, maximera möjligheterna med nationella detaljhandelspartners, and leverage new technology and innovation. Taken together, these efforts could propel Re-Bath to become a household name nationwide.
