As I reported in 2019, there has been a growing trend of companies in property restoration being collected like infinity stones in Thanos’ glove for various mergers and acquisitions (M&A). While the initial transaction creates a splash, altogether these mergers and acquisitions have received little fare in traditional or social media platforms. Michelle Blevins, writing for R&R, shared a list of transactions in 2019 which included three big acquisitions:
While many restorers enjoy being a big fish in a little pond, many of our industries larger fish still pale in scale to the organizations that we all service in the broader insurance and investing landscape. 2020 shown no signs of slowing, even during a pandemic, with regards to mergers and acquisitions in the property restoration industry.