Parent Company of Largest U.S. Whole Bathroom Renovation Chain Acquired

I-CHEAST BRANDS Groupuses Inc, Inkampani yomzali ye-re-bahlamba kwakhona, 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.

Ngokweengxelo zeMidiya zaseMalady, 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 isigidi, becoming the largest chain of total bathroom renovation companies in the United States.

Tzp, Yeyiphi inkampani yomzali efunyenwe kwakhona, is a private equity firm that manages a family of approximately $2 billion funds, kubandakanya amaqabane e-TZP, I-TZP amahlakani amancinci, Izicwangciso ze-TZP kunye neendlela ze-TZP zokufumana isidumbu. Re-Bath’s CEO, Brad Hillier, said that the company has been in business for more than 20 iminyaka. 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.” Ukukhula kwakhona kwebhafu kutsha nje kukhawulezisa kuyisondeza kwinjongo yayo yokuba $1 Inkampani yebhiliyoni. Ukufezekisa eli nqanaba libalulekileyo, Izicwangciso zendlu yokuhlamba kwakhona kwizibonelelo ze-TZP, Qhubeka nokugxila kwintsebenzo ngeeranchisees ezinkulu, Ukomeleza ubuhlakani neenkampani zehlabathi, ukwandisa amathuba ngamahlakani aRital Acter, and through new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name nationwide.