Restoration M&A tracker
The restoration industry is consolidating from roughly 15,000 firms toward fewer than 10,000 by 2030, with private equity platforms paying multiples between 3x and 11x for the shops they buy.
The restoration industry is consolidating from roughly 15,000 firms toward fewer than 10,000 by 2030, with private equity platforms paying multiples between 3x and 11x for the shops they buy. This tracker logs every acquisition, platform deal, and PE-to-PE resale the desk flags, updated with each brief. Why you should care even if you never plan to sell: every roll-up in your market changes who you bid against, who's recruiting your techs, and how much pricing power the platforms carry with carriers and TPAs. Some deals come with a press release. Plenty don't, so we also log the quiet signals: leadership hires at platform companies, new market entries, and resales between funds. Read it before you take the broker's call. Knowing the going multiple in your segment is worth real money.
The deal table
| Buyer | Target | Market | Flagged | Note |
|---|---|---|---|---|
| Midwest Remediation (Montera-backed) | Water Out | Midwest | 2026-05-30 | Platform add-on in the PE roll-up wave; no deal-specific multiple stated. |
| Morgan Stanley Capital Partners (MSCP) | American Restoration | Dallas HQ; 10 states, 8 regional brands | 2026-05-30 | First flagged as a PE-to-PE trade; MSCP named as buyer 6/8 and closed by 7/16, its fifth residential and commercial services platform, with CEO Dan Tarantin staying on. |
| Fortify Companies (Summit Partners) | Rytech Restoration | National; 100+ locations across 30+ states post-deal | 2026-06-08 | Pushes the Fortify platform past 100 locations in more than 30 states. |
| Rewind (LP First Capital) | Icon Restoration | Residential restoration | 2026-06-08 | First deal for the newly launched Rewind residential platform. |
| Oridian Capital Partners | AnchorPoint Foundations (new platform) | Foundation repair and waterproofing | 2026-06-08 | Platform launch built to roll up foundation repair and waterproofing shops. |
| TrueBuilt | Capabuild | Restoration software (documentation and AI estimating) | 2026-06-08 | Software deal, closed Nov 1, 2025; the restoration product rebranded to TrueRestore. |
| Brenton Point Capital Partners | Merit Restorations | Virginia, West Virginia, Texas | 2026-06-19 | Growth investment, not a full buyout; lower-middle-market money now shopping independent shops, not just national platforms. |
| Crossplane Capital | Mooring USA | Commercial restoration | 2026-07-16 | Reported alongside the MSCP close; repeat institutional buyers building out service portfolios. |
| Merit Restorations (Brenton Point platform) | GearClean | Winchester, VA / Northern Virginia | 2026-07-23 | Regional tuck-in deepening Merit's Northern Virginia footprint, one metro at a time. |