News Archives - FHIA Remodeling

Florida Market Leader in Home Improvement Begins National Expansion with Acquisition of Texas Market Leader

FORT LAUDERDALE, FLORIDA, July 31, 2019 –Florida Home Improvement Associates (FHIA) today announced its 100% acquisition of the largest specialty home remodeling company in Texas, Statewide Remodeling. This purchase represents the first phase of FHIA’s planned expansion outside its current home market of Florida.

Ranked as the #1 remodeling company in the state of Florida for the past three years by Remodeling magazine, and the fourth largest in the country in the Qualified Remodeler’s Top 500 List; Florida Home Improvement Associates is uniquely positioned for continued growth with the financial backing of York Capital Management, an investment firm with over $18 billion in assets under management.

“We are thrilled to be partnering with Statewide, which shares our unsurpassed commitment to quality and best-in-class customer service across all areas of home improvement,” said Mel Feinberg, founder & CEO of FHIA.

Since opening its doors in 1994, Statewide Remodeling has grown to over $65 million in annual sales. As the largest specialty remodeling company in Texas, it ranks as the #3 Full-Service Remodeler in the U.S. by Qualified Remodeling Magazine. Statewide Remodeling has offices and showrooms in Dallas, Austin, Houston, and San Antonio, serving over 40,000 customers, and is currently expanding its offerings to Oklahoma and Arkansas. Statewide’s commitment to customer service has earned it the coveted “Consumers’ Choice Award” for the past ten years straight. Statewide has also been named “Service Provider of the Year” by multiple large retail establishments over the past ten years.

“Statewide Remodeling has enjoyed the path our founders took us down for the past 25 years, and we are excited for the new partnership with FHIA and York Capital Management. With the combined strength of the teams, we will be the leaders in the industry,” said Jerry Melton, President of Statewide Remodeling.

Both companies will retain their current organizational structures and focus on opportunities to provide an even broader portfolio of services to consumers. For more information please visit https://www.fhaproducts.com and https://www.statewideremodeling.com.

During the past 50 years, Florida Home Improvement Associates has helped over 40,000 families make their homes more beautiful, safe and energy efficient. FHIA has over 800 employees in offices throughout Florida, serving communities in Fort Lauderdale, Miami, Palm Beach, Daytona, Fort Myers, Orlando, Jacksonville, Tampa, and Sarasota. Watch FHIA’s remodeling expertise weekly on ABC’s SoFlo Home Project and Ready Set Renovate.

Statewide Remodeling is one of the top specialty home renovation providers in the United States. For over 25 years Statewide has offered ultra-high quality, branded products, and competitive prices, presenting a compelling value to our customers. Statewide Remodeling currently serves the great state of Texas with offices in Dallas, Austin, Houston, and San Antonio, and is expanding its service area to Oklahoma and Arkansas.

###

If you would like more information about this topic, please call Deborah Montella, Vice President, Media and Communications at 954-697-9830 or email Deborah.Montella@fhaproducts.com.

FHIA Remodeling Acquires Wisconsin-Based Mad City Windows and Baths

FORT LAUDERDALE, Fla. – March 2, 2020 – FHIA Remodeling (“FHIA”), today announced the purchase of Mad City Windows and Baths (“Mad City”), the largest specialty home remodeling company in Wisconsin. This is the second acquisition made by FHIA recently, following the purchase of Statewide Remodeling, one of the largest specialty contractors in Texas, in July 2019.

Backed by affiliates of York Capital Management, a multi-billion dollar investment firm, FHIA is creating a national network of leading remodeling service providers in their respective markets. Through the purchase of Statewide Remodeling, FHIA now has an established presence in Texas, Oklahoma, Arkansas, and a leading market position in Florida. The acquisition of Mad City extends FHIA’s reach into Wisconsin, with plans to expand across the Midwest region. Post-closing, FHIA is expected to have annual sales in excess of $300 million.

“Mad City Windows and Baths is a perfect addition to the FHIA platform, as we have targeted companies that are leaders in their respective markets and bring the same legacy of best-in-class customer service that FHIA has always prided itself on. Mad City is the brand name in home improvement in the state of Wisconsin, and we look forward to adding them to our industry-leading portfolio of products, services, and partners,” said Mel Feinberg, Founder, and CEO of FHIA.

Founded in 1998, Mad City Windows and Baths provides replacement windows and doors, siding installation, roofing services, bathroom remodeling, and kitchen refacing services. In 2019, the company delivered over $65 million in annual sales, ranking as one of the 25 largest remodelers in the U.S. by Qualified Remodeling Magazine. Mad City’s commitment to outstanding service has earned the company the #1 spot as the top-rated remodeler in Wisconsin for the last eight years. Mad City is a proud partner and official sponsor of the Green Bay Packers.

“We are incredibly excited about our new partnership with FHIA and York Capital Management and the resources and support that they bring to our organization. We have had tremendous growth over the last 22 years and have expanded our coverage to now include the entire state of Wisconsin. Our new partnership with FHIA will enable us to expand our business outside our home markets and bring our best-in-class product suite and customer service into other attractive markets across the Midwest,” said Nathan Richmond, President, and CEO of Mad City Windows and Baths.

The companies will retain their current organizational structures and focus on opportunities to provide an even broader portfolio of services to consumers. For more information, please visit https://FHIARemodeling.com and https://MadCityWindows.com.

FHIA Remodeling has helped over 42,000 families make their homes safer, more beautiful, and more energy-efficient. The company has more than 1,300 employees, with offices throughout Florida, Texas, and Oklahoma. FHIA Remodeling has long-standing relationships with leading home improvement retailers and wholesale clubs, chosen for their expertise and best-in-class service.

If you would like more information, please contact Deborah Montella, Vice President, Media and Communications at 954-697-9830 or DMontella@FHIARemodeling.com.