Power Home Remodeling Group, a provider of exterior home renovations and installations, on Monday, May 4, said it’s secured an investment from Bain Capital Special Situations, Sixth Street Partners and Harvest Partners Structured Capital.

Chester, Pa.-headquartered Power Home said the firms will partner with its management team and existing investor Harvest Partners LP, whose funds remain the largest investor, to support the company’s further expansion, strengthen its platform and continue to develop its talent and sales model.

The Deal last month reported that Power Home, backed by Harvest Partners and Ardian SA, had attracted capital from two new groups. Power Home was marketed on roughly $400 million in Ebitda.

Power Home is a technology-driven exterior home remodeler that provides energy-efficient products such as windows, roofing and solar installations to homeowners across the U.S.

In September 2022, Ardian and Harvest Partners acquired a significant stake in Power Home, representing Ardian’s seventh in the construction sector and Harvest’s first in the industry at the time.

Paris-based Ardian invests in growth-stage companies through buyouts. The company operates 20 offices across Europe, the Americas, Asia and the Middle East. It raised €7.5 billion ($8.8 billion) with co-investments for its latest buyout fund in April 2021 and last year reportedly delayed fundraising for its successor.

New York-based Harvest Partners has more than 40 years of experience backing growth-focused, middle market businesses in collaboration with strong management teams. It invests in the business and industrial services, consumer, healthcare, industrials and software sectors.

Launched as a dedicated platform in 2014, Harvest Partners Structured Capital focuses on partnering with management teams and business owners who want to fund growth or recapitalizations while maintaining majority ownership.

Boston-based Bain Capital specializes in private equity, venture capital, credit, public equity and impact investing. Its private equity team invests across the consumer, healthcare, industrials, services and technology sectors in companies with enterprise values ranging from $100 million to $1 billion. Its Special Situations team invests across the capital structure.

The firm closed flagship fund Bain Capital Fund XIV with $14 billion in total commitments in October.

Founded in 2009, San Francisco-based Sixth Street focuses on the agriculture, consumer and internet, digital strategies, energy, renewables and infrastructure, financials, healthcare and life sciences and entertainment sectors.

Elsewhere in segment, in April, QXO Inc. (QXO) agreed to acquire Topbuild Corp., an installer and distributor of insulation and building material products, for $17 billion and Montefiore Investment acquired Facade Acier Couverture Etancheite SA, a waterproofing and facades services provider, from Hivest Capital Partners SAS for an undisclosed amount.

In the same month, Addtech AB purchased Staka Holding BV, a manufacturer of stainless steel roof access hatches and custom outdoor enclosures, from OxGreenfield for an undisclosed amount.

Power Home and Harvest Partners tapped Brent Spiller and John Neuner of Harris Williams LLC, Bank of America Corp. and Rothschild & Co for financial advice and Kirkland & Ellis LLP for counsel, while Harvest partner Nicholas Romano worked on the transaction internally.

Bain Capital looked to Ropes & Gray LLP for counsel, while partner Cristian Jitianu worked on the transaction internally

Sixth Street relied on Goldman, Sachs & Co. for financial advice and John M. Miller, Nima J. Movahedi and Haim Zaltzman of Latham & Watkins LLP for counsel, while partner and co-head of consumer Kayvan Heravi was on the deal in-house.