- By: Kerri Edwards
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October 3, 2017 – KLH Capital is pleased to announce its portfolio company, BluSky Restoration (or “BluSky”), has completed the acquisition of Disaster One (or the “Company”), a privately-owned and operated restoration services company based in Greensboro, NC. Disaster One has been serving commercial and residential clients since 1977 with services ranging from simple water damage repairs to full building reconstructions after major fires. Today the Company has five offices throughout North Carolina, as well as Myrtle Beach, SC, Roanoke, VA, Tampa, FL, and Atlanta, GA.
“The merger brings together two exceptional restoration companies with common cultures and best-in-class customer service,” explains Chris Hart, Partner at KLH Capital. “It also substantially expands BluSky’s geographic footprint into a region where it can introduce its entire set of services.” Kent Stemper, CEO of BluSky, added, “We are excited to join forces with Disaster One and look forward to working with their team as we build the leading restoration, renovation, environmental, and roofing services company in the country.” KLH Capital financed the transaction in partnership with PNC Bank and Tree Line Capital Partners.
For more information about this transaction, please contact Chris Hart (firstname.lastname@example.org).