Deal Details
Comvest Completes Strategic Investment in Renovation Brands
Summary
Comvest Partners (“Comvest” or the "Company") recently announced a strategic investment in Renovation Brands. Financial terms were not disclosed.
Baird served as the exclusive debt advisor to Comvest Partners on this transaction.
About
Comvest is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $7.1 billion. Today, The Company has approximately $6.5 billion in assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest offers companies financial sponsorship, critical strategic and operational support, and business development assistance. Comvest is headquartered in West Palm Beach, Florida.Renovation Brands is a leading digitally native, multi-brand e-commerce platform of home improvement products serving consumers and professionals in the residential and commercial renovation space. Renovation Brands is currently comprised of multiple specialty e-commerce brands including American Tin Ceilings, Reggio Register, Electric Fireplaces Direct, Mantels Direct, Electric Fireplaces Canada, Baseboarders, RTA Cabinet Store, DecorPlanet.com, Trueform Concrete, Blendhouse, and Kitchen Design Pros. Renovation Brands is headquartered in Florence, Alabama.
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- Date
- November 2021
- Company
- Comvest Partners
- Transaction
- Private Capital Markets
- Sectors
-
Industrial
Consumer - Verticals
-
Household Products
Building & Infrastructure
- Target Geography
- North America
- Acquiror Geography
- North America
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