C.H.I. Announces Partnership with Homes for Our Troops
C.H.I. Overhead Doors today announced a partnership with Massachusetts-based non-profit Homes for our Troops (HFOT) to provide quality garage doors to disabled veterans nationwide. HFOT was founded in 2004 with a vision to build mortgage-free, specially adapted homes for severely injured veterans from Iraq and Afghanistan to enable them to rebuild their lives. Over the next three years, C.H.I. will be donating premium garage door packages to these veterans, allowing them to build homes that can be comfortably entered and exited as they recover from injury.
Tim McHale, President/CEO of Homes for Our Troops sees this as an opportunity to reinforce America’s commitment to take care of its veterans and greatly looks forward to the partnership. “Because of sponsors like C.H.I. Overhead Doors, our veterans do not have to worry about a mortgage, and become empowered to focus on recovering and rebuilding their lives.”
“C.H.I.’s business philosophy is all about serving our customers and serving the community,” said Tim Miller, CEO of C.H.I. “Therefore, we are eager to see our employees and dealer-partners work with such an impactful organization on home building projects, and hope the broader Arthur community will be proud to see C.H.I. doors used by our veterans who have given so much to serve our country.”
C.H.I.’s equity partner, KKR, is a strong advocate of the partnership and the company’s commitment to supporting veterans in need.
“We encourage each of our Industrial portfolio companies in the U.S. to partner with a charity that will benefit from the company’s products or services and help improve the quality of life of others,” said Pete Stavros, Member of KKR and Head of the Firm’s Industrial’s investment team. “We share C.H.I.’s belief that supporting our veterans is a critical part of strengthening the communities we serve. We look forward to seeing this partnership assist veterans who are transitioning back to civilian life.”
About Homes for our Troops
Homes for Our Troops (HFOT) is a privately funded 501(c) (3) nonprofit organization that builds specially adapted, mortgage-free homes nationwide for the most severely injured veterans from Iraq and Afghanistan. Most of these veterans have sustained life-altering injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI). These homes restore some of the freedom and independence our veterans sacrificed while defending our country, and enable them to focus on their family, recovery, and rebuilding their lives. Since its founding in 2004, nearly 90 cents of every dollar donated to HFOT has gone directly to our program services for veterans. HFOT builds these homes where the veterans choose to live, and continues its relationship with the veterans after home delivery to assist them with rebuilding their lives.
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit, and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world‐class people, and driving growth and value creation at the asset level. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.