For Immediate Release
Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that on March 1, 2024, its portfolio company, Renovate America Holdings (“Renovate”), recapitalized Cimino’s Cabinet Doors, Inc. (“Cimino”). Based in Hollister, California, Cimino is a premier manufacturer of custom, solid wood cabinet doors. With the strategic recapitalization of Cimino, Renovate’s market-facing brand, Lewis Cabinet Specialties (“Lewis”), expands its product offering and geographic presence on the West coast.
“We believe it is critical to find a partner with similar aspirations and core values as we enter the next phase of growth at Cimino,” said Chris Cimino, President of Cimino. “Renovate is the perfect fit, and we look forward to growing the combined business alongside their team.”
Renovate President/CEO, Art de St. Aubin said, “We are thrilled to partner with Chris, Lisa (Cimino), and the rest of the Cimino team. Cimino’s superior craftsmanship and expertise provides a benefit to Lewis Cabinet as the Company seeks to further grow its geographic reach and product offerings.”
Cimino represents the first recapitalization by Renovate. Renovate was acquired by Monument in November 2021.
About Renovate America Holdings
Renovate is a specialty interior building products component platform selling directly to professional installers, assemblers, and manufacturers, primarily addressing residential interior renovations. Renovate operates two market facing brands, San Benito Shutter (“SBS”) and Lewis Cabinet Specialties. SBS is a Hollister, California-based distributor, offering a comprehensive portfolio of over 500 SKUs of interior shutter components, hardware, and other sundries. Lewis is a Tremonton, Utah-based manufacturer of custom cabinet components and cabinet doors.
About Monument MicroCap Partners, LLC
Monument is a Midwest-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including niche manufacturing, business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.
Please contact Tim Hildebrand (tim@monumentmicrocap.com) or Cosmin Dordea (cosmin@monumentmicrocap.com) at Monument for additional information.