M&A Deal Summary

BELFOR Acquires Oakwood Construction and Restoration Services

On January 1, 2013, BELFOR acquired construction company Oakwood Construction and Restoration Services from BlackEagle Partners

Acquisition Highlights
  • This is BELFOR’s 1st transaction in the Construction sector.
  • This is BELFOR’s 1st transaction in the United States.
  • This is BELFOR’s 1st transaction in California.

M&A Deal Summary
Date 2013-01-01
Target Oakwood Construction and Restoration Services
Sector Construction
Buyer(s) BELFOR
Sellers(s) BlackEagle Partners
Deal Type Add-on Acquisition

Target

Oakwood Construction and Restoration Services

Brea, California, United States
Oakwood Construction and Restoration Services, Inc. is a provider of disaster response, restoration, and reconstruction services to homeowners, business owners, property managers, agents, brokers, and third-party administrators.

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Buyer(S) 1

Buyer

BELFOR

Birmingham, Michigan, United States
Category Company
Founded 1946
Sector Business Services
Employees8,400
DESCRIPTION

BELFOR is a global provider of damage recovery and restoration services. The company serves customers in significant times of need, ranging from individual homeowners who may have a small loss to multinational manufacturing businesses with millions of dollars of damage. BELFOR was founded in 1946 and is based in Birmingham, Michigan.

DEAL STATS #
Overall 1 of 3
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Røsva Skadeservice

Slagelse, Denmark

Røsva Skadeservice is a suppliers of restoration services.

Buy -

Seller(S) 1

SELLER

BlackEagle Partners

Bloomfield Hills, Michigan, United States

Investor Investor Investor

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

BlackEagle Partners is a private investment firm that targets both financially sound businesses as well as distressed companies in need of operational improvement. Targeted distressed situations include divestitures, companies in breach of their covenants, companies in or near bankruptcy, businesses impacted by 'external shocks and globalization', and businesses in out-of-favor industries. Prospective companies generally have revenues of $25 to $250 million and EBITDA of up to $15 million. BlackEagle's target investment size is $5 to $40 million and the firm only considers control positions. Sectors of interest include aerospace/defense, building products, construction services, consumer products, distribution, healthcare products/services, industrial products/services, natural resources, niche manufacturing, and transportation. BlackEagle Partners was formed in 2007 and is based in Bloomfield Hills, Michigan.

DEAL STATS #
Overall 3 of 4
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 4
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-21 Federal Broach & Machine

Harrison, Michigan, United States

Federal Broach & Machine Company is a manufacturer of specialized broach machines and broach tools.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-29 US LBM

Atlanta, Georgia, United States

US LBM is a distributor of specialty building materials and offering a comprehensive portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components, and cabinetry, US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. US LBM was founded in 2009 and is based in Atlanta, Georgia.

Sell -
Mergr

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