Power Home Remodeling Gains Investment from Bain Capital, Sixth Street, and Harvest Partners
Power Home Remodeling, one of the largest and most recognized exterior home remodeling companies in the United States, has announced a major growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The investment marks a significant milestone for the company as it continues to expand its national presence and strengthen its position within the highly competitive home improvement industry.
The new partnership brings together several prominent investment firms alongside POWER’s existing investor, Harvest Partners, whose funds will remain the company’s largest investor. The collaboration is expected to provide the financial resources and strategic support needed to accelerate POWER’s long-term growth initiatives, enhance operational capabilities, and further scale its technology-driven business model.
Founded more than three decades ago, POWER has grown into a nationwide leader in exterior home remodeling services, specializing in products such as roofing, windows, siding, doors, attic insulation, and solar solutions. Over the years, the company has built a strong reputation for customer service, operational excellence, and workforce development. To date, POWER has served more than one million homeowners across 26 territories throughout the United States.
The company has experienced steady and consistent growth over the past decade, capturing significant market share in the fragmented multi-billion-dollar home improvement sector. Unlike many regional contractors that dominate the industry, POWER has successfully developed a scaled national operating platform that allows it to deliver consistent service quality across multiple markets.
A key factor behind the company’s growth has been its centralized operating model and proprietary technology platform. The system supports a wide range of functions, including sales operations, installation management, customer engagement, and post-project service. By integrating technology into its operations, POWER has been able to streamline workflows, improve communication, and enhance the overall customer experience.
The company’s leadership believes that its people-first culture has also played a major role in its long-term success. POWER has invested heavily in talent development and leadership training, creating a workplace environment focused on internal growth and professional advancement. This approach has enabled the company to expand its workforce to more than 5,000 employees while maintaining a strong organizational culture.
POWER has also received repeated recognition as one of the top workplaces in the country, reflecting its emphasis on employee development, workplace culture, and leadership opportunities. The company’s internal promotion strategy has helped cultivate a strong management team and create a consistent operating philosophy across all of its markets.
Co-CEOs Asher Raphael and Corey Schiller said the investment represents an important step forward in the company’s growth journey. According to the leadership team, POWER has spent the last 30 years building a trusted national brand centered on strong customer relationships, innovation, and employee development.
The executives emphasized that the company remains committed to delivering exceptional results for homeowners while continuing to invest in its proprietary technology platform and operational infrastructure. They also noted that the new investment will allow POWER to scale its business more effectively and capitalize on significant opportunities within the growing home remodeling market.
The funding is expected to support several strategic initiatives, including geographic expansion into new territories, continued investment in the company’s technology systems, and further development of its sales and training programs. POWER also plans to strengthen the corporate culture and operational systems that have helped differentiate the company from competitors.
Industry analysts continue to view the repair and remodeling sector as a resilient and fast-growing market, driven by aging housing stock, increased homeowner spending, and growing demand for energy-efficient home upgrades. As one of the few national players operating at scale, POWER is seen as well-positioned to benefit from these long-term industry trends.
Cristian Jitianu, Partner at Bain Capital Special Situations, described POWER as a market leader with a proven and repeatable operating model. He noted that the company has successfully built a differentiated platform that combines operational discipline, customer-focused service, and scalable infrastructure. According to Jitianu, the business has significant opportunities for continued growth and innovation in the years ahead.
Sixth Street also expressed strong confidence in POWER’s future potential. Kayvan Heravi, Partner and Co-Head of Consumer at Sixth Street, praised the company’s leadership team for building a strong business with a unique value proposition in the home repair and remodeling industry. He highlighted the company’s resilience, strong customer focus, and operational capabilities as key strengths that make it an attractive long-term investment.
Harvest Partners, which initially invested in POWER in 2022, will continue to play a major role in supporting the company’s strategic direction. Nick Romano, Partner at Harvest Partners, said the firm has been proud to support POWER’s nationwide expansion and expressed enthusiasm about partnering with Bain Capital and Sixth Street for the company’s next stage of development.
Romano added that the investment represents a positive outcome not only for investors but also for POWER’s employees and customers, reinforcing the company’s long-term stability and growth potential.
Several major financial and legal advisory firms participated in the transaction. Harris Williams served as financial advisor to Harvest Partners and POWER, while Kirkland & Ellis LLP acted as legal advisor. Bank of America and Rothschild & Co also provided financial advisory services during the transaction process.
For the investing firms, Ropes & Gray served as legal advisor to Bain Capital, while Goldman Sachs acted as exclusive financial advisor to Sixth Street. Latham & Watkins served as legal advisor to Sixth Street.
With fresh capital, strong institutional backing, and an established leadership team, POWER is now positioned to accelerate its national expansion and continue strengthening its role as a leader in the U.S. home remodeling industry. The investment underscores growing confidence in the company’s scalable business model, operational excellence, and ability to deliver long-term value in a rapidly evolving market.
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