M&A Deal Summary

Servpro Industries Acquires Live Oak Restoration

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

Acquisition Highlights
  • This is Servpro Industries’ 1st transaction in the Business Services sector.
  • This is Servpro Industries’ 1st transaction in the United States.
  • This is Servpro Industries’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2024-03-21
Target Live Oak Restoration
Sector Business Services
Buyer(s) Servpro Industries
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Servpro Industries

Gallatin, Tennessee, United States
Category Company
Founded 1967
Sector Environmental
DESCRIPTION

Servpro Industries is a provider of fire and water cleanup and restoration services, and mold mitigation and remediation. SERVPRO’s professional services network of more than 1,700 individually owned and operated Franchises responds to property damage emergencies ranging from small individual disasters to multi-million dollar large-loss events. Providing coverage in the United States and Canada, the SERVPRO System has established relationships with major insurance companies and commercial clients, as well as individual homeowners.

DEAL STATS #
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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