K-DESIGNERS HAS BEEN ACQUIRED BY GREAT DAY IMPROVEMENTS
Birmingham, Michigan – October 4, 2023 – Angle Advisors is pleased to announce that Great Day Improvements, LLC, a direct-to-consumer home remodeling company at the forefront of the industry, has acquired K-Designers, a leading remodeling contractor in the U.S. specializing in curb appeal, including siding, windows, patios, doors in addition to bathroom remodeling services. Angle Advisors acted as the exclusive investment banking advisor to K-Designers in completing the transaction.
Great Day Improvements has continued its organic expansion with its current portfolio of brands, adding over 40 locations year to date in 2023. The strategic acquisition of K-Designers provides Great Day Improvements the opportunity to enter the California remodeling market, strengthening its presence in the Western U.S. and supporting its continued trajectory of upward growth.
“Great Day Improvements is built on a foundation of entrepreneurial spirit, and this spirit continues to drive our growth. K-Designers has helped homeowners bring their remodeling dreams to life for 45 years and shares our values and business model, making it a perfect fit within our long-term growth plans,” said Michael Hoy, CEO of Great Day Improvements. “We’re committed to providing first-class home improvement solutions, and our shared commitment to quality and service excellence makes this partnership truly special.”
Great Day Improvements quickly jumped to No. 5 on Qualified Remodeler’s 2023 annual Top 500 list of home improvement brands. Through this acquisition, the company, with nearly 2,700 employees, continues to meet the uptick in consumers seeking its premium products and services while also giving employees further opportunities to grow and thrive. Even at a time when the current housing market is seeing lack of inventory, the repair and remodel market is strong.
“We’ve spent more than four decades building an amazing company that I couldn’t be prouder to be a part of,” said Larry Judson, CEO and founder of K-Designers. “And as we look ahead, I am excited that Mike Burgess will have the opportunity as Senior Vice President, K-Designers, leading the business into the future, helping even more homeowners as part of the Great Day portfolio.”
Judson added, “the Angle Advisors team worked tirelessly throughout the process and their effort to bring the sale across the finish line far exceeded my expectations. I would highly recommend them to anyone wishing to sell their business and was impressed by how well they understood my business. No one will put in more time and effort to help you sell your business and find the best valuation and partner possible.”
Founded in 1978, K-Designers is headquartered in Sacramento, California, and recognized as a leading full-service home improvement company in the Western United States. The brand’s comprehensive service offering includes replacement windows and doors, roofing, siding, and bathroom remodeling. K-Designers services are available to residents in various cities and towns across California, Colorado, Minnesota, Montana, Nebraska, Oregon, and Utah. For more information, please visit k-designers.com.
Great Day Improvements, headquartered in Macedonia, Ohio, a suburb of Cleveland, is a vertically integrated, direct-to-consumer provider of premium home improvement products. Great Day’s family of brands includes Patio Enclosures®, Champion Windows and Home Exteriors®, Universal Windows Direct®, Apex Energy Solutions®, Stanek Windows®, Hartshorn Custom Contracting, Your Home Improvement Company and The Bath Authority. Great Day has an expanding workforce of nearly 2,700 employees across 91 metropolitan markets throughout the United States. The company has been ranked as the fifth-largest home improvement company in the nation according to Qualified Remodeler’s Top 500 list and is among the fastest-growing private companies for a second consecutive year. For more information on Great Day Improvements and its family of brands, please visit greatdayimprovements.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 285 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.