Renovation Brands, a leading ecommerce platform for home improvement products, is excited to announce the acquisition of Vent Covers Unlimited (VCU), a premier supplier of decorative grilles and registers. This acquisition includes Madelyn Carter (MC), a brand that specializes in mid-market registers and cabinet hardware.
"We are thrilled to welcome Vent Covers Unlimited and Madelyn Carter to the Renovation Brands family. This acquisition is a strategic step in our ongoing mission to expand our portfolio in the home renovation market. Vent Covers Unlimited commitment to quality and innovation aligns perfectly with our values and objectives, and we see tremendous growth potential in core categories for several of our established brands," said Marc Sieger, CEO of Renovation Brands.
Vent Covers Unlimited, renowned for its decorative grilles and registers, introduced the Madelyn Carter brand in 2014 and expanded into cabinet hardware in 2021. By uniting the portfolios of Renovation Brands, VCU, and Madelyn Carter, this collaboration will drive growth and innovation to new heights.
"Joining forces with Renovation Brands presents an exciting opportunity for Vent Covers Unlimited," said Tim Dye, founder of VCU. "Their expertise in the ecommerce space and strong focus on customer experience will help us enhance our product offerings and reach a broader audience. We are excited about what this partnership will bring to our customers and our team."
Cody Simmons, General Manager for several of Renovation Brands companies, also commented on the acquisition: "We are committed to preserving the unique identity and strengths of Vent Covers Unlimited and Madelyn Carter while leveraging our resources to support their continued growth. This acquisition not only strengthens our position in the market but also aligns with our goal of becoming a leader in specialized home renovation products."
The acquisition of Vent Covers Unlimited represents the 10th acquisition in Renovation Brands' strategy to expand its leadership footprint in the home renovation space.
About Renovation Brands:
Renovation Brands is a leading digitally native ecommerce platform of home improvement products serving consumers and professionals in the residential and commercial renovation space. Renovation Brands is currently comprised of multiple specialty e-commerce brands including American Tin Ceilings, Reggio Register, Electric Fireplaces Direct, Premier Mantels, Mantels Direct, Electric Fireplaces Canada, Baseboarders, RTA Cabinet Store, Decor Planet, Trueform Concrete, and Blendhouse. For more information, please visit www.renovationbrands.com.
About Comvest Partners:
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $7.1 billion. Today, Comvest Partners has approximately $6.5 billion in assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers
companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit www.comvest.com.
