Private Investing
in Residential Home Services
Akoya Capital is a Chicago-based sector-focused private investment firm, specializing in the lower end of the middle market.
We work closely with family offices, high-net-worth individuals and institutional capital providers to invest in profitable, well-positioned businesses.
We partner with founders and CEOs of privately held businesses who are pursuing liquidity while prioritizing preservation of the company’s legacy. Investments are led by one of Akoya’s Sector Leaders whose operating expertise aligns with the business
Our Difference is Our Sector Leaders
Our Sector Leaders are accomplished senior operating executives with decades of industry expertise. Sector Leaders play an active role in opportunity identification and evaluation, and post-close, serve as the Executive Chair of the Board, providing hands-on strategic and operational guidance
With decades of experience in the industry, our Sector Leaders can provide the necessary expertise and guidance to bring companies to their next stage of growth positioning businesses for success in competitive markets.
Why Akoya is Interested in Investing
in Residential Home Services
- The U.S. Home Services market was valued at $657 billion in 2022 and is projected to experience significant growth in the future
- Highly fragmented industry with multiple add-on acquisition candidates
- A trend away from DIY with an increased use of professional services
- As houses grow older, there is an increase in need for repairs and other home services
- With the cost of purchasing a home rapidly increasing, combined with rising interest rates, remodeling and home improvements become more attractive than moving and buying a new home
- Akoya's extensive industry experience and operating expertise within Residential Home Services
Segments of Focus
- Water Filtration & Treatment
- Energy Efficiency Home Services
- Home Improvement
- General Residential Home Services
Investment Criteria
- Revenues from $25 M to $200 M
- Minimum EBITDA of $4 M
- Potential value creation through revenue growth and operational improvements
- Fundamentally healthy – no distressed or turnaround situations
- North American headquarters
Sector Operating Expertise
Harley Magden
Managing Director Home Services
25+ years in residential home services
Harley co-founded Window Nation in 2006, a window installation company headquartered in Fulton, MD, and served as CEO of the company until recently stepping down in January 2023.
Aaron Magden
Managing Director Home Services
25+ years in residential home services
Aaron co-founded Window Nation in 2006, a window installation company headquartered in Fulton, MD, and served as President of the company until recently stepping down in January 2023.
Akoya
By the Numbers
Investment Team
Max DeZara
Founder & Managing Partner
312-546-8322
mdezara@akoyacapital.com
Liz Dominick
Managing Director
312-203-3443
ldominick@akoyacapital.com
Carr Preston
Managing Director
312-546-8312
cpreston@akoyacapital.com
Karen Scalise
Vice President
312-546-8302
kscalise@akoyacapital.com
Lukasz Wrona
Managing Director
312-546-8306
lwrona@akoyacapital.com
Matt Winkeljohn
Senior Associate
312-546-8301
mwinkeljohn@akoyacapital.com
Pat Riley
Managing Director
312-546-8303 priley@akoyacapital.com
Ben Schrimpf
Associate
312-546-8309 bschrimpf@akoyacapital.com
Please contact a member of our investment team if you are aware of a company that fits our investment criteria.
Representative Investments
