Avant Advisory Group sold Reborn Cabinets to Renovo Home Partners, a direct-to-consumer home remodeling platform offering quick-turn home renovations through its nationwide network of partner companies.
Avant Advisory Group served as exclusive financial advisor to Reborn Cabinets in the transaction.
Reborn has grown to be a national provider among home improvement companies and has helped thousands of homeowners throughout California, Nevada and Arizona bring their home improvement dreams to life by achieving the look they have always wanted for their kitchens and bathrooms.
By joining the Renovo family of companies, Reborn will be able to tap into Renovo’s technology and infrastructure support, allowing the continuation of Reborn’s growth trajectory, while Renovo benefits from the addition of a west-coast operation with an established and trusted brand.
“We are thrilled to partner with Renovo to continue our nearly 40-year history of providing homeowners with turn-key home remodeling projects with a second-to-none customer experience,” Vince Nardo, CEO of Reborn, said.
“Reborn has grown immensely, and that growth has meant looking for a partner who supports our vision to provide the support and resources needed for the next steps,” Anthony Nardo, CFO of Reborn, said.
“Vince, Anthony and the team at Reborn have built a remarkable company that fits in perfectly with the performance culture of the Renovo management team and its other partner companies,” John Dupuy, CEO of Renovo Home Partners, said.
“We are honored to have assisted the Nardo family in this transaction with Renovo Home Partners, an affiliated portfolio company of Audax Private Equity,” Jim Davidson, founder and president of Avant Advisory Group, said. “We’ve shared an incredible journey with Vince and Anthony as they’ve built such a tremendous company. – strategically, operationally, and financially. We are both proud and grateful to have had the opportunity to work with them throughout this exciting real-life case study of success.”
“I was introduced a few years ago to Jim and the Avant Advisory team,” Vince Nardo said. “Avant has been invaluable in helping Reborn prepare for a future transaction and helping us present the company in the best position possible. It has been an honor to work with such an amazing professional group of advisors, and I am confident that without their involvement, we would not be where we are today.”
“The Avant team brought a high level of experience and professionalism beyond what we ever anticipated,” Anthony Nardo said. “Working with Jim and the Avant team fostered an environment that elevated all of us, and they were great to work with both personally and professionally. I highly recommend Avant for anyone wanting to change the direction of their business, or needs to take it to the next level, or to prepare for a full or partial exit from their business.”
