Add-on Acquisition • Business Services

Servpro Acquires Live Oak Restoration

On March 21, 2024, Servpro acquired business services company Live Oak Restoration

Acquisition Context

This is Servpro’s 1st transaction in the Business Services sector.
This is Servpro’s 1st transaction in the United States.
This is Servpro’s 1st transaction in South Carolina.

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M&A Deal Summary
Date	March 21, 2024
Target	Live Oak Restoration
Sector	Business Services
Buyer(s)	Servpro
Deal Type	Add-on Acquisition

Target Company

Live Oak Restoration

Ravenel, South Carolina, United States

Live Oak Restoration is a single-territory operator, provides 24/7 service for emergency services (fire, water, mold, biohazard, asbestos), construction services, and storm response. Live Oak Restoration is based in Ravenel, South Carolina.

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Buyer Overview 1

Buyer

Servpro

Gallatin, Tennessee, United States

Category	Company
Founded	1967
Sector	Environmental

DESCRIPTION

Servpro is a provider of fire and water cleanup and restoration services, and mold mitigation and remediation. Servpro was founded in 1967 and is based in Gallatin, Tennessee.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: South Carolina	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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