Huron Capital, a Detroit-based investment firm, announced a partnership with Hansons Holdings LLC.
Hansons, a former REMODELING Big50 member and winner of the 2012 Fred Case Entrepenuer of the Year Award, was founded by CEO Brian Elias in 1988. The Troy, Mich.-based replacement contractor works mostly with window, roofing, and siding installation. The company operates eight locations throughout Michigan and Ohio.
“I’m proud of the brand and business we’ve built at Hansons, and I’m confident Huron Capital is the right partner to help us continue our growth,” said Elias. “We look forward to working with the Huron Capital team as we expand into new products and markets.”
The partnership is the first of the investment firm's latest buyout fund.
“Huron Capital has a history of investing in marketing services and consumer businesses, making Hansons a great fit,” said Sean Roberts, Huron Capital Principal. “Hansons has a highly-visible and well-respected brand. The business has a systematic approach towards lead generation and project management, all of which we believe provides a strong foundation for us as we pursue new growth, both organically and through acquisition.”
