---
title: "TZP Group Leads Investment in Re-Bath LLC and Home Brands Group Holdings Inc."
url: https://burnaze.com/article/cdf4681e-c0bd-418e-9337-65bb5d069236
source: "Franchising.com"
original_url: https://www.franchising.com/news/20211110_tzp_group_leads_investment_in_rebath_llc_and_home_brands_group_holdings_inc.html
category: "Remodel & surfaces"
industry: "Home Services"
segment: "Remodel & surfaces"
topics: ["Finance & M&A"]
published: 2021-11-10T12:00:00.000Z
modified: 2026-11-01T22:33:09.847Z
image: https://imgs.franchising.com/brands/social/rebath.jpg
---

# TZP Group Leads Investment in Re-Bath LLC and Home Brands Group Holdings Inc.

**TL;DR:** TZP Group leads an investment in Re-Bath LLC and Home Brands Group Holdings Inc., acquiring the parent holding company of Re-Bath. Re-Bath plans to leverage TZP's resources to further expand its brand and better serve its customers and franchisees.

*originally published in Franchising.com on 2021-11-10. [Read the original](https://www.franchising.com/news/20211110_tzp_group_leads_investment_in_rebath_llc_and_home_brands_group_holdings_inc.html).*

## Story

PHOENIX - Home Brands Group Holdings Inc., the parent holding company of Re-Bath, announced today it has been acquired by TZP Group LLC (“TZP”) and a group of co-investors. Financial details of the transaction were not disclosed.

Re-Bath is known for providing expert, affordable, and effortless bathroom remodeling solutions that transform homeowners’ bathrooms in days, not weeks. Whether seeking a tub or shower area update, better accessibility and safety in your bathroom or a complete bathroom remodel, Re-Bath makes bathroom remodeling easy. The company’s exclusive remodel process removes old materials and fixtures and replaces them with beautiful new options in a wide variety of colors and styles.

“We are thrilled to partner with Re-Bath and its terrific management team serving a group of committed franchisees across the U.S.,” said Vlad Gutin, Partner at TZP. “Re-Bath complements our growing portfolio of leading consumer brands. We believe Re-Bath’s unique, high-quality service offering, loyal customers, best-in-class products of leading brands and partnerships with premier, national retailers coupled with TZP’s relationships and resources can accelerate Re-Bath’s growth.”

Re-Bath is on pace to close out a remarkable 2021 following a strong 2020 that reflects impressive same-store-sales growth. Increased demand for bathroom remodeling projects and market share gains drove nearly 80% YOY increase in systemwide sales year-to-date.

“We are excited to embark on our next chapter with TZP’s investment representing a strong validation of the growth and success we’ve achieved and where we are headed,” said Re-Bath CEO, Brad Hillier. “Through this investment, we will be able to leverage TZP’s expertise and resources to further expand our brand to a wider audience and better serve our customers, franchisees, partners and employees.”

Re-Bath plans to leverage TZP’s resources, and continue to focus on partnering with franchisees, strengthening world-class corporate support, maximizing opportunities with national retail partners, and enhancing the customer-service experience with new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name across the country.

William Blair & Company, LLC served as exclusive financial advisor, and Honigman LLP served as legal advisor to Re-Bath in connection with the transaction.

Re-Bath is a full-service bathroom remodeling franchise with a scalable, turnkey model. Backed by national brand power and robust support, it’s a strong opportunity in the booming $400B home improvement industry.

## Entities

- Franchising.com (publication)
- Home Services (sector)
- franchise expansion (topic)
- private equity (topic)
- investment (topic)
- Re-Bath (company)
- William Blair (company)
- Brad Hillier (person)
- bathroom remodeling (topic)

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Originally reported by Franchising.com (https://www.franchising.com/news/20211110_tzp_group_leads_investment_in_rebath_llc_and_home_brands_group_holdings_inc.html). Summarized by Burnaze (https://burnaze.com/article/cdf4681e-c0bd-418e-9337-65bb5d069236).