Albuquerque-based Dreamstyle Remodeling has acquired Renew Home Innovations, a Littleton-based bath remodeling company.
With the acquisition, Dreamstyle Remodeling will begin to offer Kohler shower systems and light bathroom remodeling. It expects revenue of $7 million in the market in their first year, growing to $40 million in annual revenue by year five for the Denver market exclusively, the company said.
The company has also purchased an 8,800-square-foot building in the Denver area for the operation and said it has already has key leadership in place in the market.
Dreamstyle said it anticipates hiring 75 employees in metro Denver and an additional 15 people in New Mexico.
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Rank Business name Number of licensed engineers in Colorado as of Nov. 1, 2017 1 AECOM 350 2 Short Elliott Hendrickson Inc. (SEH) 150 3 Jacobs 115 View This List