Add-on Acquisition • Business Services

HighGround Acquires Rocky Mountain Restoration

On December 15, 2022, HighGround acquired business services company Rocky Mountain Restoration

Acquisition Context
  • This is HighGround’s 1st transaction in the Business Services sector.
  • This is HighGround’s 2nd transaction in the United States.
  • This is HighGround’s 1st transaction in Arizona.

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M&A Deal Summary

Date December 15, 2022
Target Rocky Mountain Restoration
Sector Business Services
Buyer(s) HighGround
Deal Type Add-on Acquisition
Advisor(s) Woodbridge International (Financial)

Target Company

Rocky Mountain Restoration

Mesa, Arizona, United States
Rocky Mountain Restoration is a property damage restoration company that provides 24/7 emergency restoration services to residential and commercial consumers including water damage restoration, mold remediation, fire damage restoration and trauma and biohazard cleanup. Rocky Mountain Restoration is based in Mesa, Arizona.
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Buyer Overview 1

Buyer

HighGround

Irving, Texas, United States

Category Company
Founded 2020
Sector Construction
DESCRIPTION

HighGround is a provider of water and fire damage restoration services, including property damage abatement and reconstruction services. HighGround was founded in 2020 and is based in Irving, Texas.


Deal Context for Buyer #
Overall 2 of 6
Sector: Business Services 1 of 3
Type: Add-on Acquisition 2 of 6
State: Arizona 1 of 1
Country: United States 2 of 6
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Same Day Restoration

San Diego, California, United States

Same Day Restoration provides water, fire, mold, and abatement, with mitigation, restoration, and reconstruction services. Same Day Restoration was founded in 2006 and is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Expert Water Removal

Bradenton, Florida, United States

Expert Water Removal provides emergency property damage restoration for property management, home builders, insurance carriers, HVAC companies, plumbers, and residential and commercial property owners throughout the Tampa Bay area, Sarasota, and Ft. Meyers. It specializes in water damage restoration, mold remediation, and fire damage restoration, with a dedicated team that is available 24/7. Expert Water Removal is based in Bradenton, Florida.

Buy -