Timoneer Strategic Partners Acquires Majority Stake in Solid Restoration

Morgan Stanley Capital Partners Acquires American Restoration from Soundcore Capital Partners

July 24, 2024

Environmental Services

Investment funds managed by Morgan Stanley Capital Partners have acquired American Restoration Operations LLC, a Dallas-headquartered provider of water, fire, mold and property restoration services. Soundcore Capital Partners sold the platform after a five-year hold during which it completed multiple add-on acquisitions; CEO Dan Tarantin will continue to lead the business as MSCP looks to accelerate growth across the company's eight regional brands and 10-state footprint.

HighGround Restoration Group Acquires Superior Restoration

November 7, 2023

Environmental Services

HighGround Restoration Group, a Trivest-backed national restoration platform, has acquired Superior Restoration, a Southern California water, mold and fire restoration services provider headquartered in Lake Elsinore, California. The add-on expands HighGround's footprint and density in Southern California while retaining Superior's founder and team to support continued growth.

Angeles Equity Partners Acquires Solid Surface Care

June 10, 2025

Industrial Services

An affiliate of Angeles Equity Partners has acquired a majority interest in Solid Surface Care Holdings, Inc., a national provider of specialty maintenance and restoration services headquartered in Charlotte, North Carolina. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support the transaction; management, led by co-founder and CEO Michael Crippen, will remain in place to help scale the business across its national self-performing platform.

Concentric Equity Partners and Northaven Capital Invest Growth Capital in Sunbelt Waterproofing & Restoration

July 8, 2021

Construction

Concentric Equity Partners and Northaven Capital Partners provided a growth capital investment in Sunbelt Waterproofing & Restoration, partnering with CEO Calvin Carter to support the company's long-term expansion. Headquartered in Dallas, Texas, Sunbelt is a commercial waterproofing and restoration contractor serving Dallas and Houston and employs more than 190 people.

Sound Growth Partners and Everside Capital Partners Majority Recapitalize Sunny Communications

September 24, 2024

Telecommunications

Sound Growth Partners, with capital from Everside Capital Partners, completed a majority recapitalization of Sunny Communications, LLC, a Lakewood, Colorado-based provider of refurbished land mobile radio equipment, repair services, and rentals. The transaction provides liquidity to founders Dave and Tracy Sungelo while supporting Sunny's continued growth as a key supplier to first responders and municipalities.

Bessemer Investors Acquires Legacy Restoration

August 9, 2021

Construction

Bessemer Investors, a New York-based investment firm, has acquired Legacy Restoration, a Plymouth, Minnesota-headquartered provider of exterior restoration and remodeling services. The deal provides liquidity to selling shareholders and growth capital to support Legacy's organic expansion and M&A strategy while founder and CEO Scott Mullins and management remain in place; financial terms were not disclosed.