Titan Home Improvement Announces Acquisition of Paradise Home Improvement, and Climbs to #3 Largest Remodeler in US
Billionaire David Shaw Pours Money Into 3 “Strong Buy” Stocks
Are the tides turning on Wall Street? Stocks fell in the past three trading sessions, as investors abandoned the tech heavyweights that have been at the forefront of the market’s remarkable charge forward. What’s behind the sell-off? Sky-high valuations reminiscent of the dot-com era have sparked fears of a tech bubble. To this end, investors are wondering if this pullback is just a correction, or if it is the start of a larger drawdown.In times like these, the legends can offer some guidance. We are referring to the people that transformed the way we play the investing game, namely David Shaw.A former Columbia University computer-science professor, Shaw founded the D. E. Shaw group at a small bookstore in New York City in 1988. Starting out with six employees and $28 million in capital, he pioneered a new investing approach,
Titan Home Improvement Announces Acquisition of Paradise Home Improvement and Climbs to #3 Largest Remodeler in US
“We are thrilled for this new chapter and to be a part of Paradise’s growth under Titan’s ownership. With the resources that Titan has in place, we should be able to significantly grow our market share and provide our excellent service to more customers than ever before,” said Jeffery Becker, General Manager of Paradise.
Mel Feinberg, Chairman of Titan, commented that “we welcome Paradise and its employees to the Titan organization. Joe Schuette [Paradise’s founder and former owner] did an amazing job building a great team and culture here at Paradise, and we look forward to taking the business to the next level over the coming years.”
The acquisition of Paradise will serve to further grow Titan’s broad network of providers. Last month Titan was proud to learn that the “Remodeling 550” List, published by Remodeling Magazine, named Titan the 3rd largest remodeling company in the country