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Restoration and Remediation Industry News

Morgan Keegan announces the sale of InStar Services Group

December 8, 2008

Morgan Keegan is pleased to announce the sale of InStar Services Group, LP a subsidiary of The ServiceMaster Company, to BlackEagle Partners, LLC, a private equity firm with offices in New York and Bloomfield Hills, Mich.

Morgan Keegan acted as exclusive financial advisor to InStar and ServiceMaster. Morgan Keegan developed, managed and executed a comprehensive process that included the preparation of marketing materials, identification of and introduction to potential investors as well as negotiating, structuring and closing the transaction.

Based in Fort Worth, Texas, InStar is a leading national provider of disaster response, insurance restoration and reconstruction services operating from 14 branches throughout the United States.

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