COMMACK, N.Y., Feb. 1, 2022 /PRNewswire/ — Alure Household Enhancements today announced its partnership with Renovo House Companions, a Immediate-to-Consumer platform based in Dallas, Texas supplying house reworking merchandise and expert services. Renovo is a new enterprise with backing from Audax Private Equity and was fashioned by the mix of its partnership with Alure and two other regional house reworking organizations: Dreamstyle Reworking, based in Albuquerque, NM, and Remodel Usa, based in Washington D.C.
Started in 1946 in East Meadow, New York Alure has constantly been a identified assumed chief in the remodeling marketplace, as a single of the largest remodelers on the East Coastline. Led by CEO Sal Ferro, Alure has gained numerous awards and marketplace recognition more than the several years and achieved national acclaim when they have been selected to partner with ABC’s Excessive Makeover: Home Edition as a job leader for 8 renovations for deserving families in the course of the show’s operate from 2004-2010.
Alure has continued to prosper despite the the latest economic troubles, regularly ranking between the Major 500 Remodelers Record yearly, and at present serves all of Extended Island, with designs to expand all through the encompassing five boroughs as well as into further states in the North East.
Alure’s President Sal Ferro indicated, “We are thrilled to be partnering with Renovo and the other field leaders concerned. We welcome this good opportunity for advancement and expansion. The partnership will not only allow us to enable create a lot more home owner desires, but also to supply even additional prospects for our personnel who have assisted make our achievement attainable. Most importantly, we will proudly carry on to produce the remarkable consumer support to home owners that has turn into synonymous with the Alure brand.“
By way of its increasing network of brands, Renovo’s system presents a whole selection of remarkable items, specialist installation products and services, and leading buyer service experience to property owners throughout the United States. Renovo Residence Companions will leverage know-how and peer skills throughout its enterprises to boost efficiencies and high-quality all through the residence advancement course of action – from customer acquisition by set up.
“Sal and his workforce have developed an marketplace top company at Alure and we are fired up to partner with them and support their continued impressive development,” suggests Renovo’s CEO, John Dupuy.
Audax Personal Fairness finished a strategic expansion financial investment in Renovo Residence Companions and is fully commited to partnering with administration to even further speed up the Company’s sturdy momentum by supporting natural advancement initiatives and executing a focused acquisition approach. Audax specializes in the Acquire & Create design, owning accomplished in excess of 1,000 add-on acquisitions throughout additional than 140 platform investments in the firm’s heritage.
About Alure Dwelling Enhancements
Started in 1946, Alure Property Enhancements is a foremost, Extensive Island NY Based, reworking enterprise specializing in household remodeling. Most lately acknowledged with a “Best Contractor of Prolonged Island” award, Alure has been developing house owner desires for more than 75 yrs, and specializes in all facets of household remodeling. Alure is a nationally acclaimed remodeler, remaining recognized as Countrywide Remodeler of the 12 months by Reworking Journal, The Fred Situation Entrepreneur of the 12 months award, and was also chosen by ABC to conduct eight renovations for the Emmy Award Exhibit, Excessive Makeover: Household Version. Alure’s Extended Island 3 flooring showroom is found at 1999 Hempstead Turnpike in East Meadow, NY. For extra data, take a look at Alure’s web-site at www.alure.com
About Renovo Property Companions
Based mostly in Dallas, Texas, Renovo House Partners is a Immediate-to-Purchaser (DTC) platform delivering a full array of outstanding home restore and transform (R&R) goods and services to homeowners throughout the United States. As a developing countrywide network, Renovo Dwelling Associates acknowledges that organizations do well by understanding their consumers and building the specialised know-how to very best provide them. With multiple foremost brands below a single administration staff, Renovo Household Partners aims to centralize back again-place of work functions and invest in finest-in-course engineering capabilities to drive professional alignment amongst regionally concentrated companies today, with the option to cross-sell product or service choices at national scale in the close to expression. With a robust motivation to excellent customer support, outstanding products high quality, and qualified set up, Renovo Property Associates is happy to service its house owner customer base. For extra info, go to the Renovo Residence Lover website: www.renovohomepartners.com
About Audax Private Fairness
Audax Group is a major substitute investment manager with workplaces in Boston, New York, and San Francisco. Considering that its founding in 1999, the firm has raised over $30 billion in funds throughout its Private Fairness and Personal Personal debt businesses. Audax Personal Equity has invested above $7 billion in additional than 145 platforms and in excess of 1,000 add-on businesses, and is presently investing out of its $3.5 billion, sixth personal fairness fund. Via its disciplined Acquire & Establish solution, Audax Private Fairness seeks to assist platform providers execute add-on acquisitions that fuel profits progress, improve functions, and drastically raise fairness worth. With more than 300 staff members, Audax is a primary capital associate for North American center current market organizations. For more details, check out the Audax Non-public Fairness internet site: www.audaxprivateequity.com or comply with us on LinkedIn.
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Alure Home Improvements
Supply Alure Property Advancements