Search

PURCHASE OF HOME SMART INDUSTRIES

TITAN HOME IMPROVEMENT HAS ACQUIRED HOME SMART INDUSTRIES


Birmingham, Michigan – July 14, 2021 – Angle Advisors is pleased to announce that Titan Home Improvement, Inc. (“Titan”) has acquired Home Smart Industries, LLC (“Home Smart”). Angle Advisors acted as the exclusive investment banking advisor to Titan in completing this transaction, which adds to the firm’s high level of activity in the direct-to-consumer home improvement services industry.

Home Smart Industries was founded in 2001 and has served homeowners throughout Pennsylvania, Delaware, Maryland, New Jersey, and Virginia, helping them upgrade their bathrooms to better suit their needs. As a certified Kohler dealer, Home Smart is backed by the bathroom industry’s most recognizable brand. With a focus exclusively on remodeling tubs and showers, Home Smart prides itself on specializing on critical moisture areas in addition to extensive bathroom remodeling services. Home Smart has received numerous industry accolades including Remodeling Magazine’s Big50 Award and an A+ rating from the Better Business Bureau. For additional information, please visit www.homesmartind.com.


Home Smart marks Titan’s fifth acquisition since the latter was founded in 2019, demonstrating the tech-enabled direct-to-consumer home improvement services network’s commitment to acquiring best-in-class operators and enabling them to benefit from the resources provided by the Titan platform. This expansion into several key Northeast markets also grows the Titan footprint from 11 to 16 states. Titan began its portfolio with the acquisition of Florida-based FHIA Remodeling in 2019, followed by the acquisitions of Statewide Remodeling, Mad City Windows and Baths, Paradise Home Improvement, and now Home Smart.


“Joining the Titan platform will enable us to perpetuate the Home Smart brand and our commitment to servicing our customers, while also providing the tools and resources for us to grow significantly faster than we could as a standalone entity. We have incredible people at Home Smart, and we look forward to bringing our product to even more homeowners given the systems, lead sources and scale that Titan affords us,” said Mark Kenyon, President of Home Smart Industries.


“We are delighted to incorporate Home Smart Industries into our network of best-in-class home improvement companies,” said Daniel Gluck, CEO of Titan. “We are incredibly selective as to who we bring under the Titan umbrella and Home Smart clearly met the standards that we set, highlighted by their culture centered around providing a great customer experience and their partnership with an industry leader in Kohler. We look forward to continuing to grow the business with Mark and his team."


Titan Home Improvement was founded in early 2019 to aggregate best-in-class home improvement service providers across the US. Titan's network of home improvement providers, including FHIA Remodeling, Statewide Remodeling, Mad City Windows and Baths, Paradise Home Improvement, and Home Smart Industries offers a variety of high demand replacement and remodeling services including window and door, roofing, bathroom, siding and kitchen cabinet replacement. The company's service provider network includes leaders in their respective markets and prioritizes offering the highest quality products and excellent customer service. For additional information, please visit www.titanhomeimprovement.com.


Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed 240 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.

Talk to Angle Advisors