COMMACK, N.Y., Feb. 1, 2022 /PRNewswire/ — Alure Residence Advancements these days introduced its partnership with Renovo Residence Partners, a Immediate-to-Buyer system based in Dallas, Texas giving home remodeling products and solutions and products and services. Renovo is a new corporation with backing from Audax Personal Equity and was shaped by the mix of its partnership with Alure and two other regional household transforming businesses: Dreamstyle Transforming, primarily based in Albuquerque, NM, and Remodel United states, based mostly in Washington D.C.
Started in 1946 in East Meadow, New York Alure has persistently been a regarded thought chief in the remodeling marketplace, as a person of the major remodelers on the East Coast. Led by CEO Sal Ferro, Alure has received quite a few awards and industry recognition around the a long time and realized national acclaim when they had been selected to spouse with ABC’s Extraordinary Makeover: House Edition as a task leader for 8 renovations for deserving people in the course of the show’s operate from 2004-2010.
Alure has continued to prosper despite the latest economic challenges, continuously rating between the Top rated 500 Remodelers Listing every year, and currently serves all of Long Island, with plans to increase during the surrounding 5 boroughs as effectively as into supplemental states in the North East.
Alure’s President Sal Ferro indicated, “We are thrilled to be partnering with Renovo and the other field leaders involved. We welcome this good opportunity for progress and enlargement. The partnership will not only allow us to assistance construct more house owner dreams, but also to deliver even much more chances for our workforce who have aided make our achievement feasible. Most importantly, we will proudly continue to produce the outstanding purchaser service to home owners that has become synonymous with the Alure model.“
Through its escalating community of makes, Renovo’s system supplies a comprehensive assortment of outstanding merchandise, pro installation services, and leading buyer company working experience to home owners throughout the United States. Renovo Dwelling Companions will leverage technological innovation and peer abilities across its companies to maximize efficiencies and high-quality throughout the property improvement approach – from client acquisition by way of installation.
“Sal and his group have developed an marketplace major corporation at Alure and we are enthusiastic to spouse with them and help their continued remarkable expansion,” states Renovo’s CEO, John Dupuy.
Audax Non-public Equity finished a strategic progress financial commitment in Renovo Household Associates and is fully commited to partnering with management to more speed up the Firm’s sturdy momentum by supporting organic and natural progress initiatives and executing a specific acquisition system. Audax specializes in the Acquire & Establish model, possessing finished above 1,000 add-on acquisitions across extra than 140 platform investments in the firm’s heritage.
About Alure Home Enhancements
Started in 1946, Alure Residence Improvements is a major, Long Island NY Primarily based, transforming firm specializing in residential transforming. Most not long ago identified with a “Best Contractor of Extensive Island” award, Alure has been building house owner dreams for more than 75 several years, and specializes in all facets of residential reworking. Alure is a nationally acclaimed remodeler, being regarded as Countrywide Remodeler of the Yr by Reworking Journal, The Fred Case Entrepreneur of the calendar year award, and was also picked by ABC to execute eight renovations for the Emmy Award Clearly show, Severe Makeover: Household Version. Alure’s Extensive Island 3 flooring showroom is found at 1999 Hempstead Turnpike in East Meadow, NY. For a lot more information, take a look at Alure’s web-site at www.alure.com
About Renovo Household Companions
Based in Dallas, Texas, Renovo House Partners is a Direct-to-Shopper (DTC) system providing a complete array of exceptional home repair and transform (R&R) merchandise and expert services to householders across the United States. As a rising national network, Renovo Residence Companions acknowledges that organizations triumph by knowledge their shoppers and producing the specialized knowledge to ideal serve them. With numerous primary manufacturers below a single administration team, Renovo Dwelling Companions aims to centralize back again-office operations and commit in greatest-in-course know-how capabilities to generate professional alignment amongst regionally centered corporations today, with the chance to cross-market solution offerings at national scale in the near expression. With a potent commitment to remarkable shopper provider, excellent solution top quality, and professional set up, Renovo House Associates is happy to support its home owner customer base. For a lot more data, take a look at the Renovo House Lover internet site: www.renovohomepartners.com
About Audax Non-public Fairness
Audax Group is a foremost alternative investment decision supervisor with places of work in Boston, New York, and San Francisco. Since its founding in 1999, the business has raised over $30 billion in cash throughout its Private Equity and Non-public Financial debt firms. Audax Private Fairness has invested over $7 billion in extra than 145 platforms and over 1,000 insert-on businesses, and is presently investing out of its $3.5 billion, sixth private fairness fund. Via its disciplined Get & Build tactic, Audax Private Fairness seeks to aid system corporations execute increase-on acquisitions that gas profits development, enhance functions, and substantially raise equity worth. With additional than 300 staff, Audax is a main money husband or wife for North American middle industry organizations. For extra details, go to the Audax Personal Equity web-site: www.audaxprivateequity.com or comply with us on LinkedIn.
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