CHESTER, PA — Power Home Remodeling has secured a growth investment from Bain Capital, Sixth Street and Harvest Partners as the exterior home remodeling company seeks to expand its national footprint and technology platform.
Financial terms of the transaction were not disclosed. Harvest Partners, which first invested in the company in 2022, will remain POWER’s largest investor following the deal, the company announced.
POWER operates across 26 territories nationwide and indicated it has served more than one million customers. The company specializes in exterior remodeling services and has expanded through a centralized operating structure supporting sales, installation and customer management functions.
The investment is expected to support expansion efforts, additional technology development and continued hiring as the company scales operations in the fragmented home improvement sector.
Asher Raphael and Corey Schiller indicated the company sees additional growth opportunities tied to market expansion and operational scaling.
Cristian Jitianu described POWER as one of the few scaled national operators in the repair and remodeling industry, while Kayvan Heravi pointed to the sector’s long-term growth potential.
The company stated it has grown to more than 5,000 employees and has received workplace recognition awards across multiple industries.
Harris Williams served as financial advisor to POWER and Harvest Partners alongside Bank of America and Rothschild & Co. Kirkland & Ellis LLP acted as legal advisor to POWER and Harvest Partners.
Ropes & Gray LLP advised Bain Capital, while Goldman Sachs and Latham & Watkins LLP advised Sixth Street.
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