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Closed Overnight

Minnesota Rusco, a 70-year-old home improvement company known for its window and siding installations, has officially shut down — leaving customers and employees stranded.

The closure was announced publicly on October 30, 2025, when the company posted a short message on its website confirming that it had “ceased all operations.”

By that point, the phones were disconnected, the office was locked, and social media pages were deleted.

At least one homeowner reported prepaying $48,000 for new windows before the company went silent. The Better Business Bureau says it has received multiple complaints and is directing affected customers to the Minnesota Attorney General and the Department of Labor and Industry.

The Renovo and BlackRock Connection

Minnesota Rusco was acquired by Renovo Home Partners in 2022 — a national home improvement group that also owned Dreamstyle Remodeling, Reborn Cabinets, NEWPRO, Alure Home Improvements, Woodbridge Home Solutions, and Remodel USA.

Renovo itself was purchased by BlackRock in 2024. By late 2024, BlackRock listed Renovo as “non-accrual,” meaning it wasn’t generating the expected return on investment.
 

In 2025, BlackRock reversed $9.5 million in losses, which improved Renovo’s books on paper but likely signaled an internal restructuring — or liquidation. Now, every major Renovo brand appears to be shut down.

Industry Reaction

Former owners of the Renovo companies are speaking out:

“It sickens me that a firm that manages over $3 trillion in assets would put their employees on the streets without any notice,” said Jay Deems, who ran Minnesota Rusco for nearly 20 years.

“This is what happens when leadership loses sight of what matters most … When money and a spreadsheet become the only focus,” said Vince Nardo, former president of Reborn Cabinets.

Why It Matters

The collapse of Minnesota Rusco is one of the largest home improvement company closures in recent years.
It’s a warning sign about what can happen when private equity firms take over family-run businesses in the construction and remodeling industry.

For contractors, it’s a reminder that reputation and longevity don’t guarantee stability. For homeowners, it’s a lesson in why deposit protection and verified contractors are more important than ever.

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