Timoneer Strategic Partners Acquires Majority Stake in Solid Restoration
February 13, 2024
Timoneer Strategic Partners acquired a majority ownership stake in Solid Restoration, a Escondido, California-based disaster restoration services provider. Grays Peak Capital, Phoenix3 Holdings and a consortium of high-net-worth investors co-invested alongside Timoneer to support Solid Restoration's growth and geographic expansion across Southern California and beyond.
- Buyers
- Timoneer Strategic Partners, LLC, Grays Peak Capital, Phoenix3 Holdings, Consortium of high-net-worth investors
- Targets
- Solid Restoration, LLC
- Sellers
- Existing shareholders (including founder Brett Soliday)
- Industry
- Environmental Services
- Location
- California, United States
- Transaction Type
- Buyout
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