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Restoration and Remediation Industry News

Interstate Restoration Acquires RESTORx of Texas

Industry News
December 13, 2016

Interstate Restoration LLC, a full-service emergency restoration and reconstruction firm helping businesses recover after a disaster, today announced it has acquired RESTORx of Texas. RESTORx is a highly regarded emergency restoration service company based in Dallas. Terms of the deal were not disclosed.

“This acquisition will allow us to provide a faster, more efficient response to businesses impacted by events in Texas,” said Interstate CEO Stacy Mazur. “When we make these kinds of investments in top-quality companies like our own, we continue to solidify our position as the gold standard in the disaster restoration and recovery industry.”

Plans call for all current RESTORx employees to remain in Dallas and join the Ft. Worth-based Interstate team. 

Texas has been battered by flooding in recent months, with the federal government making disaster declarations after heavy rains in March, April and June of this year. The state has received six federal disaster declarations over the past two years due to severe storms and flooding that have affected more than half the state’s 254 counties.

Extreme weather events continue to wreak ever-increasing financial havoc, making preparedness planning more important than ever for businesses. Mazur noted that this acquisition of a seasoned company capable of handling both restoration and reconstruction services adds to Interstate’s ability to respond to major destructive events. The combination of the companies’ resources will provide customers with the most-effective relief from disasters in the Dallas-Fort Worth area and across Texas.

“RESTORx has always endeavored to provide the best customer service in the restoration industry,” said Harley Jeanise, President of RESTORx. “Interstate shares our passion for supporting our community and helping to reassemble peoples' lives after a disaster. Interstate’s financial strength ensures that businesses and the people of Texas will continue to receive outstanding service when they need help with recovery and restoration.” 

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KEYWORDS: disaster restoration mergers and acquisitions

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