Transaction overview
On May 4, 2026, private equity firms Bain Capital, Sixth Street, and Harvest Partners Structured Capital completed an investment in Power Home Remodeling (POWER), a leading exterior home remodeling company based in Chester, Pennsylvania. The deal value was not disclosed publicly; however, POWER has previously reported annual revenue of $1.7 billion. Harris Williams and Goldman Sachs advised the buyers, while Bank of America and Rothschild & Co provided advisory services to POWER.
Deal structure and financing
Details on the exact equity split or leverage metrics were not made public. The deal was likely structured as a leveraged buyout with senior debt provided by a syndicate of banks, given the involvement of major financial institutions such as Bank of America and Goldman Sachs. Ropes & Gray served as legal advisor to Bain Capital, indicating that complex financing arrangements may have been involved. POWER’s existing investor, Harvest Partners, continued its stake in the company post-deal but specific details about any retained interest or lock-up agreements were not disclosed. The deal did not provide clarity on IPO optionality for the future.
Strategic context
The transaction represents a continuation of POWER's growth trajectory and strategic expansion in the fragmented home remodeling sector. POWER has achieved consistent revenue growth over the past decade, driven by its centralized operating model and proprietary technology platform that enables efficient sales, installation, and customer experience processes at scale. The acquisition of POWER by Bain Capital, Sixth Street, and Harvest Partners Structured Capital is intended to support further national expansion and investment in its operational infrastructure.
The rationale for this investment includes the potential for significant market penetration and continued innovation in an industry with substantial growth prospects. Both buyers see a differentiated value proposition in POWER’s approach to customer relationships and talent development. As stated by Cristian Jitianu of Bain Capital, "POWER has built a proven model with a platform that can support long-term growth." This deal aligns with the investors' strategy of partnering with established businesses poised for significant market penetration.
Regulatory path
The investment in POWER did not require review from major regulatory bodies due to its nature as an equity transaction rather than a merger. The jurisdictional involvement was likely limited to state-level consumer protection agencies and industry-specific regulators, particularly given POWER’s nationwide presence and focus on home improvement services. No specific HSR filings or EU antitrust reviews were necessary for this deal based on the disclosed information.