DALLAS–(BUSINESS WIRE)–Renovo Home Partners (“Renovo”), a newly formed direct-to-consumer (DTC) platform, has officially launched, bringing together three leading regional home repair and remodeling businesses: Dreamstyle Remodeling, Remodel USA, and Alure Home Improvements. This strategic combination is backed by a significant investment from Audax Private Equity (“Audax”). Renovo Home Partners aims to transform the home improvement experience by leveraging technology and shared expertise across its partner companies, ultimately enhancing quality and customer satisfaction.
Based in Dallas, Texas, Renovo Home Partners is strategically positioned to address the high-demand market for quick-turn bath, window, siding, roofing, and other essential remodeling services. Operating through a growing network of established brands, Renovo provides homeowners across the United States with a comprehensive suite of products, professional installation services, and a superior customer service experience. Currently, Renovo’s strong regional presence spans the west coast, mountain west, mid-Atlantic, and northeast regions, setting a solid foundation for its ambitious nationwide expansion plans. The company’s operational philosophy is built upon a robust culture of performance and continuous improvement, fostering an environment where partner businesses can access valuable peer insights, shared infrastructure, streamlined processes, and cutting-edge, tech-enabled resources designed to drive growth and success.
Audax Private Equity’s strategic growth investment in Renovo Home Partners underscores their confidence in the platform’s potential and management team. Audax is committed to actively supporting Renovo’s accelerated growth trajectory through both organic initiatives and a targeted acquisition strategy. With a proven Buy & Build model, demonstrated by over 1,050 add-on acquisitions across their portfolio of more than 150 platform investments, Audax brings substantial expertise to facilitate Renovo’s expansion.
John Dupuy, a seasoned executive with over 20 years of leadership experience in C-Suite and operating partner roles within private equity-backed companies, will lead Renovo Home Partners as Chief Executive Officer. His extensive background, particularly in consumer and industrial services and products, coupled with his proficiency in executing Buy & Build strategies, makes him exceptionally well-suited to guide Renovo in professionalizing and optimizing middle-market businesses within its platform.
“Renovo Home Partners is committed to elevating the standards within the home improvement industry, prioritizing both our customers and employees,” stated CEO John Dupuy. “Our platform is designed to foster synergistic partnerships, enabling companies to collaborate and benefit from a centralized shared services team. At Renovo, we work closely with our partner companies to create tailored value creation plans aimed at accelerating growth while preserving the unique value of their established brands. Our team culture is built on collaboration and a shared commitment to success. We are excited to offer regional leaders and their teams the resources, infrastructure, systems, and processes needed to scale and achieve their fullest potential.”
Renovo Home Partners recognizes the distinctiveness of each business and its regional market. The platform is structured to support the individual visions of its partners by strategically investing in their growth, providing the advantages of scale inherent in a national platform while maintaining regional expertise and customer focus.
About Renovo Home Partners
Renovo Home Partners, headquartered in Dallas, Texas, is a Direct-to-Consumer (DTC) platform dedicated to providing homeowners across the United States with a comprehensive range of high-quality home repair and remodel (R&R) products and services. As a rapidly expanding national network, Renovo Home Partners understands that sustainable business success is rooted in a deep understanding of customer needs and the development of specialized expertise to effectively meet those needs. By bringing together multiple leading brands under a unified management structure, Renovo Home Partners is focused on centralizing back-office operations and investing in state-of-the-art technology capabilities to enhance commercial alignment among its regionally focused businesses. This strategic approach creates opportunities to cross-sell a diverse portfolio of product offerings at a national level in the near future. Renovo Home Partners is firmly committed to delivering superior customer service, exceptional product quality, and expert installation services, ensuring a positive and reliable home improvement experience for its homeowner customer base. For further details, please visit the Renovo Home Partners website: www.renovohomepartners.com.
About Audax Private Equity
Audax Group is a distinguished alternative investment manager with a strong presence across offices in Boston, New York, and San Francisco. Since its inception in 1999, the firm has successfully raised over $30 billion in capital across its Private Equity and Private Debt divisions. Audax Private Equity has a substantial investment track record, having invested over $8 billion in more than 150 platform companies and facilitated over 1,050 add-on acquisitions. Currently, Audax is actively deploying capital from its sixth private equity fund, which has a committed capital base of $3.5 billion. Through its well-defined Buy & Build strategy, Audax Private Equity is dedicated to supporting its platform companies in executing strategic add-on acquisitions that drive revenue growth, optimize operational efficiencies, and significantly enhance equity value. With a team of over 300 professionals, Audax stands as a leading capital partner for North American middle-market companies. For more comprehensive information, please visit the Audax Private Equity website: www.audaxprivateequity.com or follow them on LinkedIn.
Contacts
Media Contacts
Audax Sard Verbinnen & Co
Julie Rudnick / Catherine Livingston
[email protected]
Renovo
[email protected]
