Interstate Restoration Acquires California's ASR Property Restoration
Interstate Restoration continued its steady growth in the North American market with the acquisition of ASR Property Restoration, the largest restoration company in California’s Ventura County.
Interstate has completed the transaction to add all of ASR’s assets and its three divisions (restoration, special services and construction). Terms of the Interstate-ASR transaction, including purchase price, were not disclosed.
“We are pleased to welcome the excellent managers and staff of ASR into the Interstate Restoration family, and we look forward to the additional strengths that this new combination will give us in Southern California,” said Interstate CEO Stacy Mazur.
ASR has about 80 employees, and the staff will begin working immediately in conjunction with the Anaheim office that Interstate had already established.
“We are eager to combine forces with Interstate Restoration as we help businesses in Southern California recover from wildfires, floods, mudslides and other disasters,” said Kirk Prouse, founder and CEO of ASR.
Prouse will continue to provide his expertise in the Southern California market, serving as regional director of Southern California. ASR was heavily involved in the recovery from the recent Woolsey and Hill wildfires, and those efforts are ongoing.