Morgan Stanley Capital Partners Completes Acquisition of American Restoration
Morgan Stanley Capital Partners (MSCP) has acquired American Restoration, a leading provider of residential and commercial property mitigation and restoration services. The company, headquartered in Dallas, operates across 10 states through eight regional brands. MSCP is partnering with the current management team, led by CEO Dan Tarantin, who will continue to lead the business.
American Restoration offers emergency and loss-related mitigation services, as well as complementary repair and rebuild services. The acquisition represents MSCP's fifth investment in the residential and commercial services sector, following partnerships with other companies in the industry. MSCP aims to leverage its expertise to accelerate American Restoration's growth trajectory through organic expansion and strategic acquisitions.
Morgan Stanley Capital Partners (MSCP) ha acquisito American Restoration, un fornitore leader di servizi di mitigazione e restauro per proprietà residenziali e commerciali. L'azienda, con sede a Dallas, opera in 10 stati attraverso otto marchi regionali. MSCP collabora con l'attuale team dirigenziale, guidato dal CEO Dan Tarantin, che continuerà a dirigere l'attività.
American Restoration offre servizi di mitigazione per emergenze e perdite, oltre a servizi complementari di riparazione e ricostruzione. Questa acquisizione rappresenta il quinto investimento di MSCP nel settore dei servizi residenziali e commerciali, dopo le collaborazioni con altre aziende del settore. MSCP intende sfruttare la propria esperienza per accelerare il percorso di crescita di American Restoration attraverso un'espansione organica e acquisizioni strategiche.
Morgan Stanley Capital Partners (MSCP) ha adquirido American Restoration, un proveedor líder de servicios de mitigación y restauración de propiedades residenciales y comerciales. La empresa, con sede en Dallas, opera en 10 estados a través de ocho marcas regionales. MSCP se asocia con el equipo directivo actual, dirigido por el CEO Dan Tarantin, quien continuará liderando el negocio.
American Restoration ofrece servicios de mitigación para emergencias y pérdidas, así como servicios complementarios de reparación y reconstrucción. La adquisición representa la quinta inversión de MSCP en el sector de servicios residenciales y comerciales, tras asociaciones con otras empresas de la industria. MSCP busca aprovechar su experiencia para acelerar la trayectoria de crecimiento de American Restoration a través de una expansión orgánica y adquisiciones estratégicas.
Morgan Stanley Capital Partners (MSCP)가 American Restoration을 인수했습니다. 이 회사는 주거 및 상업용 부동산의 완화 및 복원 서비스를 제공하는 선도적인 업체입니다. 미국 텍사스주 달라스에 본사를 두고 있으며, 10개 주에서 8개의 지역 브랜드를 통해 운영됩니다. MSCP는 CEO Dan Tarantin이 이끄는 현재 경영진과 협력하며, 그는 계속해서 회사를 이끌게 됩니다.
American Restoration은 비상 상황과 손실 관련 완화 서비스를 제공하며, 보완적인 수리 및 재건 서비스도 제공합니다. 이번 인수는 MSCP의 주거 및 상업 서비스 부문에서 다섯 번째 투자이며, 산업 내 다른 기업들과의 파트너십에 이어 진행된 것입니다. MSCP는 자사의 전문성을 활용하여 American Restoration의 성장 궤적을 유기적 확장 및 전략적 인수를 통해 가속화할 계획입니다.
Morgan Stanley Capital Partners (MSCP) a acquis American Restoration, un fournisseur de premier plan de services de mitigation et de restauration de biens résidentiels et commerciaux. L'entreprise, dont le siège est à Dallas, opère dans 10 États via huit marques régionales. MSCP s'associe à l'équipe de direction actuelle, dirigée par le PDG Dan Tarantin, qui continuera de diriger l'entreprise.
American Restoration propose des services d'urgence et de mitigation liés aux pertes, ainsi que des services de réparation et de reconstruction complémentaires. Cette acquisition représente le cinquième investissement de MSCP dans le secteur des services résidentiels et commerciaux, après des partenariats avec d'autres entreprises de l'industrie. MSCP vise à tirer parti de son expertise pour accélérer la trajectoire de croissance d'American Restoration grâce à une expansion organique et des acquisitions stratégiques.
Morgan Stanley Capital Partners (MSCP) hat American Restoration übernommen, einen führenden Anbieter von Mitigations- und Restaurierungsdiensten für Wohn- und Gewerbeimmobilien. Das Unternehmen mit Sitz in Dallas ist in 10 Bundesstaaten tätig und betreibt acht regionale Marken. MSCP arbeitet mit dem aktuellen Management-Team unter der Leitung von CEO Dan Tarantin zusammen, der das Unternehmen weiterhin führen wird.
American Restoration bietet Notfall- und verlustbezogene Mitigationsdienste sowie ergänzende Reparatur- und Wiederaufbaumaßnahmen an. Die Übernahme stellt die fünfte Investition von MSCP im Bereich der Wohn- und Gewerbedienstleistungen dar, nachdem Partnerschaften mit anderen Unternehmen der Branche eingegangen wurden. MSCP beabsichtigt, seine Expertise zu nutzen, um das Wachstum von American Restoration durch organische Expansion und strategische Übernahmen zu beschleunigen.
- Acquisition of a leading platform in the property restoration industry
- Expansion of MSCP's portfolio in the residential and commercial services sector
- Retention of existing management team, ensuring continuity and industry expertise
- Opportunity for accelerated growth through MSCP's financial backing and expertise
- Potential for strategic acquisitions to further expand market presence
- None.
Insights
Morgan Stanley Capital Partners' acquisition of American Restoration marks a significant move in the private equity landscape, particularly in the residential and commercial services sector. This deal underscores MSCP's strategic focus on middle-market investments and their growing portfolio in property-related services.
From an investor's perspective, this acquisition is noteworthy for several reasons:
- It demonstrates MSCP's confidence in the property restoration market, which tends to be resilient even during economic downturns due to the essential nature of its services.
- The partnership with the existing management team, led by CEO Dan Tarantin, suggests a smooth transition and potential for operational continuity.
- American Restoration's presence across 10 states through eight regional brands indicates a solid foundation for further expansion and market penetration.
- The company's dual focus on emergency mitigation and follow-on repair services provides a comprehensive service offering, potentially leading to higher customer retention and revenue per client.
This acquisition aligns with MSCP's track record in the residential and commercial services sector, being their fifth investment in this space. This experience could prove valuable in driving American Restoration's growth strategy, particularly in areas of organic expansion and strategic M&A.
While specific financial details are not disclosed, the involvement of multiple financial advisors (Harris Williams, Stephens Inc. and Robert W. Baird & Co) suggests a complex and potentially sizeable transaction. Investors should monitor how this acquisition impacts MSCP's overall portfolio performance and whether it leads to increased activity in the property restoration sector.
The acquisition of American Restoration by Morgan Stanley Capital Partners (MSCP) is a telling indicator of broader market trends in the property services industry. This move highlights several key points for investors to consider:
- The fragmented nature of the restoration services market presents significant consolidation opportunities, which MSCP seems poised to capitalize on through American Restoration's platform.
- There's a growing investor interest in recession-resistant businesses. Property restoration services, being essential and often insurance-backed, fit this profile well.
- The emphasis on both residential and commercial customers suggests a balanced approach to market exposure, potentially mitigating risks associated with fluctuations in either sector.
- American Restoration's growth strategy, combining organic growth with strategic M&A, aligns with current market trends favoring scalable platforms in service industries.
From a market perspective, this acquisition could trigger increased M&A activity in the restoration services sector, potentially leading to higher valuations for similar companies. Investors should watch for:
- Potential consolidation of smaller, regional players in the restoration industry
- Increased private equity interest in adjacent sectors such as disaster recovery, environmental services and facility management
- Possible public market implications if this trend leads to the creation of larger, more attractive IPO candidates in the sector
While the immediate impact on public markets may be , this deal could be a harbinger of broader private equity trends that may eventually influence public market sentiment in related sectors.
Headquartered in
Adam Shaw, Managing Director and Head of Business Services at MSCP, said: “We are excited to partner with Dan and the American Restoration team as they continue building a best-in-class platform across the residential and commercial restoration space. American Restoration represents our continued effort to invest in high-quality residential and commercial services companies, a sector in which we have deep institutional knowledge and expertise building industry-leading platforms. We look forward to working together to continue accelerating the company’s exciting growth trajectory.”
The acquisition of American Restoration represents MSCP’s fifth residential and commercial services investment following partnerships with Sila Heating & Air Conditioning, Fairway Lawns, Allstar Services and RowCal.
“We could not be more excited to partner with MSCP for the next chapter of our growth and evolution,” said Dan Tarantin, CEO of American Restoration. “We look forward to leveraging MSCP’s expertise operating across the residential and commercial services space, as well as their demonstrated ability to help & support teams to accelerate organic growth and execute strategic acquisitions.”
Debevoise & Plimpton served as legal counsel to MSCP. Harris Williams and Stephens Inc. served as MSCP’s financial advisors. Robert W. Baird & Co served as financial advisor to American Restoration.
About Morgan Stanley Capital Partners
Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform established in 1986 that primarily invests alongside founders and seeks to partner with management teams to build best-in-class companies within business, consumer, industrial and healthcare services. Morgan Stanley Capital Partners seeks to create value in portfolio companies through a transformational organic and acquisition-related growth strategy by leveraging its deep internal operational capabilities and value creation playbook. For further information about Morgan Stanley Capital Partners, please visit www.morganstanley.com/im/capitalpartners.
Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has approximately
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.
About American Restoration
American Restoration is an industry-leading platform offering emergency mitigation and restoration services across both residential and commercial properties. American Restoration services 10 states through a family of 8 market-leading brands built on a foundation of technical expertise, caring customer service, and a commitment to the communities they serve. For more information, please visit the Company’s website https://www.amrestoration.com/.
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Morgan Stanley: Alyson Barnes, Alyson.Barnes@morganstanley.com
Source: Morgan Stanley Capital Partners
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