M&A Deal Summary

Canstar Restorations Acquires ABK Restoration Services

On November 17, 2020, Canstar Restorations acquired business services company ABK Restoration Services

Acquisition Highlights
  • This is Canstar Restorations’ 2nd transaction in the Business Services sector.
  • This is Canstar Restorations’ 2nd transaction in Canada.
  • This is Canstar Restorations’ 2nd transaction in British Columbia.

M&A Deal Summary

Date 2020-11-17
Target ABK Restoration Services
Sector Business Services
Buyer(s) Canstar Restorations
Deal Type Add-on Acquisition

Target

ABK Restoration Services

Penticton, British Columbia, Canada
Formed in 1991, ABK Restoration Services is a provider of property restoration services to owners and businesses, in the Thompson Okanagan area of British Columbia. It completely restores residential and commercial buildings affected by water, fire, smoke, vandalism, breaks and enter, trauma, asbestos, or mold.

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Buyer(S) 1

Buyer

Canstar Restorations

Coquitlam, British Columbia, Canada

Category Company
Founded 1985
Sector Construction
Employees170
DESCRIPTION

Canstar Restorations is a full-service property restoration company serving both the residential and commercial/institutional markets, with customers including insurance industry stakeholders, public institutions and property management companies. Canstar Restorations was founded in 1985 and is based in Coquitlam, British Columbia.


DEAL STATS #
Overall 2 of 3
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (British Columbia) 2 of 2
Country (Canada) 2 of 3
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 NorHaz Solutions

Penticton, British Columbia, Canada

NorHaz Solutions, Inc. is a hazardous material removal & remediation company, combining industry-leading procedures and equipment. We consistently provide safe, cost-effectively, and regulatory-compliant removal services to residential, commercial, industrial, and institutional clients alike. The NorHaz project team boasts over 100 years of collective hazmat experience and has earned the trust of our clients over decades of exceptional customer service and best-in-class results.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Lydale Property Restoration

Calgary, Alberta, Canada

Lydale Property Restoration offers a full suite of services, from emergency response to complete restoration. Lydale Property Restoration is based in Calgary, Alberta.

Buy -