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Restoration and Remediation Industry News

Commercial Restoration Co. Acquires Project X Restoration

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IMAGE BY GERD ALTMANN FROM PIXABAY

February 22, 2023

Commercial Restoration Co. (CRC), a leading national provider of commercial restoration and reconstruction services, has acquired Project X Restoration, a Denver-based firm specializing in water damage cleanup, fire damage restoration, and mold removal and remediation.

President Danny Ortiz founded Project X in 2011. The new merger brings together decades’ worth of collective experience within the disaster recovery field allowing both companies to strengthen their ability to provide superior service throughout the region.

“Project X is a great addition to CRC, and we are thrilled to welcome them to our team,” said Bill Sutter, founder and CEO of Commercial Restoration Co. “Danny Ortiz has built an impressive business and by combining our resources and operations, we are able to broaden our reach and provide expanded services in the Rocky Mountain region.”

This is the second in a strategic plan of mergers and acquisitions to support further growth for CRC. The firm previously merged with Tennessee-based Southeast Construction & Restoration Inc. in early 2022.

 “I am grateful to have found a partner who shares our values as well as our commitment to doing what’s right for our customers. I am excited to be part of the team at CRC,” Ortiz said. “It has been an honor to serve my community over the past decade, but I am eager to apply my knowledge in this new capacity with a much larger team behind me.”

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KEYWORDS: mergers and acquisitions restoration business development restoration business growth

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