Achates Ventures, RCap Equity and Deerpath Capital Acquire Controlling Interest in Roadrunner Restoration
September 9, 2021
Achates Ventures, RCap Equity and Deerpath Capital Management acquired a controlling interest in Roadrunner Restoration, a Houston-based provider of fire, water and disaster restoration services. Deerpath provided senior debt financing and an equity co-investment to facilitate the transaction, which closed on September 9, 2021; buyers expect to provide operational and financial resources to support growth.
- Buyers
- Achates Ventures, RCap Equity, Deerpath Capital Management
- Targets
- Roadrunner Restoration, Inc.
- Industry
- Construction
- Location
- Texas, United States
- Transaction Type
- Buyout
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