Venice remodeling business acquired by Naples firm

A Venice remodeling business has been sold to a Naples private equity firm. 

S&E Renovations Inc. was acquired by Azure Capital International LLC in a deal that closed March 20. Financial terms of the acquisition were not disclosed.

S&E Renovations was founded in 2000 in Venice by construction industry veterans Sam Green and Eric DeVaughn. The business handles home and kitchen remodeling as well as bathroom renovations in Sarasota, Longboat Key, Siesta Key, Casey Key, North Port, Lakewood Ranch, Bradenton and Venice. It is based on Seaboard Avenue near the Venice train depot.

Azure Capital International, which is headquartered on 5th Avenue in Naples, focuses on acquiring and growing renovation contracting and professional services businesses across the Southeast, including engineering and architectural firms, according to a statement. David Nicolosi leads the firm, which is dedicated to building a strong portfolio of companies through operational growth and strategic acquisitions. 

Generational Group, a Dallas-based mergers and acquisitions advisory firm for privately-held businesses, closed the deal between S&E Renovations and Azure Capital International.

This article has been updated to correct the last name of Azure Capital International CEO and founder David Nicolosi.