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Restoration and Remediation Industry News

First Onsite Property Restoration Acquires New Jersey-based Insurance Restoration Specialists

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September 10, 2021

First Onsite Property Restoration, one of North America’s largest disaster recovery and restoration providers for commercial enterprises, has acquired Insurance Restoration Specialists (IRS), a New Jersey-based disaster recovery and environmental solutions provider. The acquisition is part of First Onsite’s expansion strategy to attain operational excellence for clients by focusing on geographical expansion and timely response.

“The strong, collaborative leadership at IRS combined with their deep customer relationships in key practice areas makes them a seamless new addition for the First Onsite brand. We look forward to having them join our team,” said Stacy Mazur, First Onsite CEO, U.S.

By acquiring IRS, First Onsite expands its service platform in environmental and HVAC work and welcomes valuable commercial customer relationships in the institutional sector including schools, universities, hospitals and municipalities. IRS is a leading restoration contractor with two offices. The headquarters is located in Monroe Township, N.J., with a satellite location in Hawthorne, N.J. This addition gives First Onsite coverage throughout the state of New Jersey.

“Everyone at IRS is excited to join First Onsite. With their support, we can expand our environmental expertise into other industries that need our help. Their national reach and resources will bring us opportunities to respond to larger, more complex projects,” said Tim Jarema, president of IRS.

First Onsite, which operates in the U.S. and Canada, is a subsidiary of FirstService Corporation and represents the second-largest independent North American restoration and reconstruction services provider for commercial enterprises. This acquisition is the latest in a series that expands First Onsite’s capabilities and resources across North America. The financial terms of the acquisition are not being disclosed.

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KEYWORDS: mergers and acquisitions restoration franchise

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