M&A Deal Summary

Renuity Acquires Closet America

On April 7, 2023, Renuity acquired business services company Closet America

Acquisition Highlights
  • This is Renuity’s 1st transaction in the Business Services sector.
  • This is Renuity’s 1st transaction in the United States.
  • This is Renuity’s 1st transaction in Maryland.

M&A Deal Summary
Date 2023-04-07
Target Closet America
Sector Business Services
Buyer(s) Renuity
Deal Type Add-on Acquisition

Target

Closet America

Landover, Maryland, United States
Closet America is a manufacturer and installer of residential and commercial custom organization systems in the Washington, D.C., Northern Virginia, and Maryland metropolitan areas. Closet America is based in Landover, Maryland.

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Buyer(S) 1

Buyer

Renuity

Coral Gables, Florida, United States
Category Company
Sector Business Services
DESCRIPTION

Renuity is a home improvement provider that goes to market under its national brand along with nine regional operating brands including Mad City Windows & Baths,Pacific Bath, FHIA Remodeling, Statewide Remodeling, Home Smart Industries, MaxHome, Paradise Home Improvement, Rite Window, and Closet America. The company has helped hundreds of thousands of homeowners get quality remodeling services and reliable installation at a competitive price. Renuity is based in Coral Gables, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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