Renovo Home Partners has announced its acquisition of regional home remodeling business, Woodbridge Home Solutions, a TOP 500 Company ranking 28 in 2021. This is the fifth acquisition for Renovo since its forming in late 2021. Just last week Renovo announced its acquisition of NEWPRO Home Solutions, and the company also holds well-known regional brands Dreamstyle Remodeling (2021 TOP 500 no. 18), Remodel USA (no. 68), and Alure Home Improvements (no. 63).
The addition of Woodbridge expands Renovo’s presence in Texas and the South Central U.S., and marks another well-known, industry leading company joining the platform. Woodbridge was founded in 1989 and offers energy-efficient windows and doors, siding, kitchen cabinet refacing and tub to shower conversions. Like the other companies in Renovo’s roster, Woodbridge has driven significant growth and holds a strong brand position in their markets.
“We are proud and excited to welcome Woodbridge to the Renovo family,” said John Dupuy, Renovo’s chief executive officer. “We’ve created a solid foundation for industry leaders to grow within their unique markets and have quickly become the place where leading companies see an opportunity to achieve more together than individually and challenge themselves to be their best.”
With a culture of performance, Renovo’s model is to invest in high performing companies with a history of strong growth, offering an opportunity to be part of a platform achieving more together than individually. The Renovo team has been working quickly to build a first-class corporate team that supports their partner companies by providing infrastructure, systems, and processes to scale.
“We are thrilled to be joining Renovo,” said Mitchell Spector, Founder and CEO of Woodbridge. “The support Renovo provides to scale, maintaining our brand and management teams, coupled with the opportunity to share knowledge and insights amongst our peer Renovo companies to drive growth made Renovo the right partner for Woodbridge.”