By The Restoration HQ desk · · filed under Money & Consolidation
PE keeps buying: MSCP closes American Restoration, Crossplane takes Mooring
MSCP completed its acquisition of American Restoration (Dallas; 10 states, 8 regional brands; CEO Dan Tarantin stays), MSCP's fifth residential/commercial services platform. Mooring USA was acquired by Crossplane Capital. Organic expansion continued too (Sasser into Tampa, FloodTech in Alexandria VA).
FORRepeat institutional buyers mean a real, liquid market for your business whenever you decide you're done.
AGAINSTEvery platform deal puts a better-capitalized competitor with carrier relationships and pricing leverage across the street from you.
Consensus vs. contrarianContrarian: MSCP's fifth services deal tells you restoration is being bought as a category, not a story. Build platform-grade systems and stay independent, that's still the best seat.
Sources Morgan Stanley, www.morganstanley.com/im/en-us/individual-in… Dallas Innovates, dallasinnovates.com/dallas-based-american-re… Sasser expands to Tampa, www.randrmagonline.com/articles/92075-sasser… ()