Exploring a Recent Merger in the Restoration Industry
Editor's Note: On Jan. 7, 2021, Advanced DRI announced its merger with A. Molly Company. This Q&A with Advanced DRI's CEO, Greg Boatwright, gives a more personal view of mergers in the restoration industry today.
When did discussions on a possible merger begin, and how long did it take for it all to become a reality?
Casual discussions started in late spring 2020. The pandemic made visits difficult, but we were able to complete deal in about four to five months.