Power Home Remodeling Secures Investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital

Investment to support the continued expansion of the leading home remodeling company

CHESTER, Pa.--(BUSINESS WIRE)--Power Home Remodeling (“POWER”), the nation's leading exterior home remodeler, today announced that it has secured a growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The firms will partner with POWER’s management team and existing investor, Harvest Partners, whose funds remain the largest investor, to support the company’s continued expansion. To date, POWER has served more than one million customers across 26 territories nationwide.

POWER has delivered consistent growth over the past decade, gaining meaningful share in the highly fragmented, multi-billion-dollar home improvement market. As one of the few scaled national players in exterior home remodeling, the company has differentiated itself through a centralized operating model and a proprietary platform that supports its sales, installation, and customer experience processes at scale. That operating discipline is reinforced by a culture of excellence that has developed leaders from within, supported growth to more than 5,000 employees, and earned the company repeated recognition as a top workplace across industries.

“Over the past 30 years, we have built POWER into one of the largest full-service exterior home remodelers in the United States,” said co-CEOs Asher Raphael and Corey Schiller. “We are committed to delivering exceptional results for homeowners through strong customer relationships, our proprietary technology platform, and a deep commitment to talent development. We see significant opportunity ahead, and this investment will help us continue to grow and scale while further strengthening our market position.”

The investment will support POWER’s next phase of growth as the company continues to expand its footprint, invest in its proprietary operating platform, build on the talent development, corporate culture, and sales model that have helped it differentiate at scale.

“POWER is a market leader and one of the few scaled national players in the fast-growing repair and remodeling sector,” said Cristian Jitianu, a Partner at Bain Capital Special Situations. “The company has built a proven, repeatable model with a differentiated platform and significant runway for continued growth. We look forward to partnering with POWER to support continued innovation and long-term value creation.”

“Asher, Corey, and team have built an incredible business with a differentiated value proposition within the resilient home repair and remodeling sector,” said Kayvan Heravi, Partner and Co-Head of Consumer at Sixth Street. “We are excited to partner with the POWER team, Harvest Partners, and Bain Capital, and look forward to supporting the company’s long-term growth.”

“Since investing in the company in 2022, Harvest Partners has been proud to support POWER’s nationwide expansion, and we’re excited to partner with Bain Capital and Sixth Street to drive the company’s next stage of development,” said Nick Romano, Partner at Harvest Partners. “This is a great outcome for the company’s employees and customers, as well as our investors.”

Harris Williams served as financial advisor, and Kirkland & Ellis LLP served as legal advisor to Harvest Partners and POWER. Bank of America and Rothschild & Co also served as financial advisors to Harvest Partners and POWER. Ropes & Gray served as legal advisor to Bain Capital. Goldman Sachs served as exclusive financial advisor, and Latham & Watkins served as legal advisor to Sixth Street.

About Power Home Remodeling

POWER is the nation’s largest, full-service, exterior home remodeler with more than 5,000 employees, over one million lifetime customers, and $1.7 billion in annual revenue. Established in 1992 and headquartered in the Philadelphia region, POWER’s primary product line includes windows, siding, roofing, gutters, doors, solar roofing panel, and attic insulation, providing energy-saving solutions to residents across its operating territories, including Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Indiana, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and Wisconsin. At POWER, we believe that every home, person, and community has potential, and everything we do is in service of bringing that potential to life. That belief led us to create Power for Good, which amplifies the vision and voices of our people to drive our philanthropic efforts. Learn how Our Work Shows at www.powerhrg.com.

About Bain Capital

Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About Sixth Street

Sixth Street is a global investment firm with over $130 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Sixth Street’s dedicated consumer investing team provides strategic capital solutions to companies operating in a range of subsectors and business models. Sixth Street has partnered with many leading brands including Airbnb, Bay FC, Chobani, Crunch Fitness, Equinox, FC Barcelona, Legends Global, Milan Laser, Mindbody, Real Madrid, Spotify, the Boston Celtics, the New England Patriots, the San Antonio Spurs, the San Francisco Giants, and Wingstop. Sixth Street has more than 750 team members, including approximately 300 investment professionals operating across the firm’s global locations. For more information, and additional disclosures, visit www.sixthstreet.com and follow Sixth Street on LinkedIn.

About Harvest Partners

Founded in 1981, Harvest Partners is an established private equity firm with over 40 years of experience investing in middle-market companies and partnering with high-quality management teams to build growing businesses. Harvest Partners Structured Capital is the firm’s non-control investing strategy. The firm invests in service-oriented business across four core sectors: business services & industrials, commercial services, consumer services and healthcare services. This strategy leverages Harvest Partners’ multi-decade experience in financing organic and acquisition-oriented growth opportunities. The firm has over $20 billion in assets under management as of December 31, 2025. For more information, please visit www.harvestpartners.com.

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