Houlihan Lokey Advises Renuity
Houlihan Lokey is pleased to announce that Renuity, a portfolio company of York Capital Management’s private equity group, York Private Equity, has been acquired by Greenbriar Equity Group, LP.
Renuity is a tech-enabled home services platform. The company provides replacement and remodeling services across bath, window, garage coating, closet, and other diversified categories to homeowners nationally. Renuity elevates customer experiences by building trust, providing seamless service, a relentless focus on innovation, and relying on its industry-leading talent.
York Private Equity, the private investing arm of York Capital Management, primarily targets control investments in middle-market businesses. Since inception in 2008, York Private Equity’s middle-market strategy has completed more than 50 investments with aggregate transaction value in excess of $4 billion. York Private Equity has 14 dedicated team members.
Greenbriar is a middle-market private equity firm with 20+ years of experience investing in market-leading services and manufacturing businesses. With $10+ billion of cumulative capital commitments, its investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar’s deep sectoral expertise, strategic insight, and operating capabilities.
Houlihan Lokey served as the financial advisor to Renuity and York Private Equity and assisted in initiating, structuring, and negotiating the transaction on their behalf. This transaction highlights the firm’s dedicated sector expertise advising market-leading, direct-to-consumer specialty distribution and remodeling businesses in the growing home services market as well as its continued success delivering superior client service with outstanding results.
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