TITAN HOLDINGS HAS ACQUIRED MAXHOME
Birmingham, Michigan – December 20, 2021 – Angle Advisors is pleased to announce that Titan Holdings (“Titan”) has acquired MaxHome, LLC (“MaxHome”). Angle Advisors acted as the exclusive investment banking advisor to MaxHome in completing this transaction, which adds to the firm’s high level of activity in the direct-to-consumer home improvement services industry.
Titan’s acquisition of MaxHome is the newest addition to Titan’s Renuity business, its national portfolio of home improvement providers. MaxHome is a highly regarded and fast-growing bathroom and window remodeler based in Jefferson, LA with strong roots in the Louisiana and Southern Texas markets. Earlier this year MaxHome also opened a greenfield location in Pensacola, FL to expand its footprint to service homeowners across the Gulf Coast.
The acquisition marks the seventh since Titan Home Improvement, as it was previously known, launched in 2019 and expands the company’s footprint to 17 states. MaxHome fits in nicely with Titan’s acquisition strategy thanks largely to its near-20-year track record of success making some 20,000 homeowners across Louisiana and Texas happier.
“Making homeowners happy is our stated mission at MaxHome, and this deal provides us with an even greater opportunity to do exactly that,” said Larry Closs, founder and CEO of MaxHome. “With Titan and Renuity in our corner, and as part of a larger organization committed to growth and innovation in this space, we have a much brighter future at MaxHome than we would have on our own. I’d also like to thank the team at Angle Advisors for their dedication and support in the transaction. They were critical in helping me realize more value than I could have on my own, made the sale process much easier for me and my team, and dealt with the complexities in structuring our deal.”
“MaxHome has turned bath renovation into a science with a seamless project turnaround time and an unwavering commitment to superior customer service,” said Daniel Gluck, CEO of Titan Holdings. “Larry and his team at MaxHome provide exactly the type of customer-focused culture and innovative practices that strive to emulate across our company.”
Just in time for the holidays, this acquisition puts a bow on a year marked by significant expansion for Titan. In 2021 alone, Titan has expanded its services by opening new locations in the greater Minneapolis area, Davenport and Cedar Rapid, IA and Lubbock, TX. The addition of Home Smart Industries in June expanded Titan’s operating footprint to new markets in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
In December, it was announced that Titan Home Improvement would become Titan Holdings, along with a new operating structure that resulted in the creation of Renuity, Titan’s family of home improvement divisions, and Bylt, a new technology business.
Founded in 2003, MaxHome LLC focuses on providing an easy, convenient, and affordable 1-day shower or bath remodel. As one of the fastest-growing bath renovation companies in America, MaxHome services markets in Louisiana, Texas, Florida, Alabama, and Mississippi. The company’s passion is delivering overall value to its customer’s home and life by creating beautiful, safe, and maintenance-free bath renovations. MaxHome offers a broad selection of wet area solutions from leading national brands, like Jacuzzi®, and Kohler®. For additional information, please visit www.maxhomenow.com.
Formerly “Titan Home Improvement,” Titan Holdings features two home-related verticals, including a portfolio of national home improvement operating divisions (“Renuity”) and a technology platform focused on building out a superior managed solution for the home services industry (“Bylt”). The holding company aims to leverage its portfolio of assets to revolutionize the end-to-end residential remodeling process. Titan Holdings is based in Coral Gables, FL. For additional information, please visit www.titanholdings.com.
Renuity is a portfolio of national home improvement operating divisions owned by Titan Holdings and operating across the United States. These businesses include best-in-class organizations like FHIA Remodeling, Mad City Windows & Baths, Statewide Remodeling, Home Smart Industries, and Paradise Home Improvement. Collectively, these businesses have helped hundreds of thousands of homeowners get quality remodeling services and reliable installation at a competitive price. For additional information, please visit www.renuityhome.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 246 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.